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Which is the best definition of hyperinflation? a gradual reduction in the price of goods and services a gradual expansion in the price of goods and services an exponential reduction in the price of goods and services an exponential expansion in the price of goods and services
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The best definition of hyperinflation is - an exponential expansion in the price of goods and services.
Question|Asked by Nesquil
Asked 12/4/2015 4:34:47 PM
Updated 6/30/2016 6:31:07 AM
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An exponential reduction in the price of goods and services is the best definition of hyperinflation.
Added 6/30/2016 4:54:04 AM
This answer has been flagged as incorrect.
Flagged by jeifunk [6/30/2016 6:30:44 AM]
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The best definition of hyperinflation is - an exponential expansion in the price of goods and services.
Added 6/30/2016 6:31:07 AM
This answer has been confirmed as correct and helpful.
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Questions asked by Nesquil
In a free market system, price controls can include both floors and ...?
Question|Asked by Nesquil
Not Answered
Updated 1/21/2017 8:33:34 AM
1 Answer/Comment
In a free market system, price controls can include both floors and ceilings.
Added 1/21/2017 8:33:34 AM
This answer has been confirmed as correct and helpful.
Confirmed by Janet17 [1/21/2017 8:51:41 AM]
Which best describes an opportunity cost? accepting an opportunity to do something else when making an economic decision giving up an opportunity to do something else when making an economic decision accepting an opportunity to help accomplish something else when making an economic decision giving up an opportunity to increase prices when making an economic decision
Question|Asked by Nesquil
Not Answered
Updated 1/21/2017 8:36:05 AM
1 Answer/Comment
Giving up an opportunity to do something else when making an economic decision is best describes an opportunity cost.
Added 1/21/2017 8:36:05 AM
This answer has been confirmed as correct and helpful.
Confirmed by Janet17 [1/21/2017 9:04:20 AM]
The Fed's aim in responding to a recession is to decrease consumer borrowing. interest rates. government spending. available credit.
Weegy: The Fed's aim in responding to a recession is to decrease government spending. User: A certificate of deposit pays a higher interest rate than a savings account because the money is guaranteed by the government. kept by banks for a longer time period. loaned to banks by consumers. immediately available to consumers. (More)
Question|Asked by Nesquil
Not Answered
Updated 1/21/2017 1:12:16 PM
1 Answer/Comment
A certificate of deposit pays a higher interest rate than a savings account because the money is kept by banks for a longer time period.
Added 1/21/2017 8:41:23 AM
The law of supply states that as the price of a good declines, the quantity supplied of that good remains the same. decreases. increases. disappears.
Question|Asked by Nesquil
Not Answered
Updated 1/21/2017 8:38:46 AM
1 Answer/Comment
The law of supply states that as the price of a good declines, the quantity supplied of that good increases.
Added 1/21/2017 8:38:46 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [1/21/2017 1:11:28 PM]
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