« previous next »

Author Question: Which of the following is true of hyperinflation? a. It causes the value of a currency to ... (Read 48 times)

rmenurse

  • Hero Member
  • *****
  • Posts: 513
on: Jun 30, 2018
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


bdobbins

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

True-color view of Mars seen through NASA's Hubble Space Telescope in 1999 True-color view of Mars seen through NASA's Hubble Space Telescope in 1999
TrUe....FaLsE TrUe....FaLsE
true story true story
Adapoids and omomyoids had longer snouts and are the first “true” primates. Adapoids and omomyoids had longer snouts and are the first “true” primates.
Which of the following statements is true of linkage? Which of the following statements is true of linkage?
True Dover Sole True Dover Sole
Video: Introduction to Photolithography - WC, BLF, PA, Hard and Soft baking

For a complete list of videos, visit our video library