Recall Application 3, "Hyperinflation in Zimbabwe," to answer the following questions:
-According to the application, which of the following contributed to the hyperinflation in Zimbabwe:
A) the bribing of soldiers and supporters using newly minted currency.
B) Mugabe's policies to intervene militarily in African conflicts.
C) decline in tax revenues and export revenues.
D) All of the above contributed to the hyperinflation.

Question

Quizplus · Accepted Answer

According to the application, all of the mentioned factors (A, B, and C) contributed to the hyperinflation in Zimbabwe. Mugabe's policies led to a decline in tax and export revenues, which resulted in the government behaving by printing more money, leading to bribery and causing the economy to spiral out of control.

Recall Application 3, "Hyperinflation in Zimbabwe," to Answer the Following