As an example of hyperinflation,one U.S.dollar was equal to _________ German marks in 1923,compared to 8.9 marks in 1919.
A) 0.001
B) 1
C) 1,000
D) 1 trillion
Correct Answer:
Verified
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Q26: A wage-price spiral occurs when
A) businesses boost
Q27: The Bureau of Labor Statistics has chosen
Q28: What is deflation?
A) An increase in the
Q29: Expected inflation is
A) anticipating inflation over 2%
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Q32: Hyperinflation is
A) a moderate increase in prices
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Q35: Which goods did NOT decrease in price
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