Which of the following is true of hyperinflation?
a. It causes the value of a currency to deteriorate so quickly that people become reluctant to hold that currency.
b. It is a situation in which people hoard currency expecting its value to increase in recent future.
c. It is a simultaneous increase in inflation and decrease in the quality of products.
d. It occurred in the United States in the 1970s.
e. It is a synonym for cost-push inflation.
Question 2
Which of the following goods would be considered scarce?
a. iPods
b. crude oil
c. tax preparation services
d. all of the above
Apparent and True Orbits of Alpha Centauri.
True Forget-Me-Not
True Friendship
Adapoids and omomyoids had longer snouts and are the first “true” primates.
True Dover Sole
Midsagittal section indicating locations of true and false pelves