Countries with high inflation will have the:
A)Weakest currency
B)Highest nominal interest rate
C)Strongest currency
D)Highest real interest rate

Question

Quizplus · Accepted Answer

Inflation reduces the purchasing power of a currency and decreases its value on the foreign exchange market. This means that countries with high inflation will likely have weaker currencies compared to countries with lower inflation rates.

Countries with High Inflation Will Have The