Multiple Choice
An inflation rate of over 500 percent per year would be classified as:
A) relative inflation.
B) deflation.
C) inflation.
D) hyperinflation.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q17: If the CPI equaled 1.43 in 2008
Q18: If the borrower and lender agree to
Q19: The CPI in year one equaled 1.55.
Q20: If the total expenditures of a typical
Q21: Samantha is lending Jack $1,000 for one
Q23: The real cost of borrowing is unchanged
Q24: The consumer price index measures the cost
Q25: The consumer price index for Planet Econ
Q26: Inflation-protected bonds guarantee investors:<br>A)no real wealth loss
Q27: _ is an increase in the price