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Author Question: Which of the following refers to extremely high rates of inflation for sustained periods of time? ... (Read 451 times)

dollx

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on: Jun 30, 2018
Which of the following refers to extremely high rates of inflation for sustained periods of time?
 a. deflation
 b. hyperinflation
  c. bust
 d. depression

Question 2

The costs imposed on a firm from changing listed prices is termed:
 a. the nominal cost of inflation.
 b. the shoe-leather cost of inflation.
  c. the menu cost of inflation.
 d. the implied cost of inflation.


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manuelcastillo

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


dollx

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

elyse44

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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