Author Question: What is the outcome of very high inflation or hyperinflation? a. The nations will have a balance ... (Read 34 times)

LCritchfi

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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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Answer to Question 1

d

Answer to Question 2

c



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