A situation in which the price level increases at an extremely high rate is called:
A) hyperinflation.
B) disinflation.
C) inflation.
D) stagflation.
Correct Answer:
Verified
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Q45: A basic rule of thumb to predict
Q46: In a hyperinflation, the economy:
A)always collapses.
B)can continue
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Q50: In an unexpected inflation, lenders will generally:
A)gain
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