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Author Question: What is the outcome of very high inflation or hyperinflation? a. The nations will have a balance ... (Read 42 times)

LCritchfi

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on: Sep 3, 2018
What is the outcome of very high inflation or hyperinflation?
 
  a. The nations will have a balance of trade surplus.
  b. The nation's exchange rate increases compared to other currencies.
  c. Arbitrage of that nation's currency increases.
  d. The currency of the nation becomes basically worthless.

Question 2

Governmental policy tools for managing economies including taxation and spending is called _____ .
 
  a. monetary policy
  b. exchange rate
  c. fiscal policy
  d. money supply


tennis14576

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Reply #1 on: Sep 3, 2018
Answer to Question 1

d

Answer to Question 2

c


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