Ask Question
BusinessBusiness
26 April, 18:35

When government intervention makes currency worthless, this condition is called

deflation.

hyperinflation.

cost-push inflation.

demand-pull inflation.

+4
Answers (1)
  1. 26 April, 19:01
    0
    In economics, hyperinflation occurs when a country experiences very high and usually accelerating rates of inflation, rapidly eroding the real value of the local currency, and causing the population to minimize their holdings of local money. Hyperinflation is a situation where the price increases are so out of control that the concept of inflation is meaningless.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “When government intervention makes currency worthless, this condition is called deflation. hyperinflation. cost-push inflation. demand-pull ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Researchers often wish to measure consumers' satisfaction toward certain products and might ask consumers to specify their feelings as either "very dissatisfied", "somewhat dissatisfied", "somewhat satisfied", or "very satisfied".
Answers (1)
Suppose that a manufacturer can produce a part for $8.00 with a fixed cost of $6 comma 000. Alternately, the manufacturer could contract with a supplier in Asia to purchase the part at a cost of $10.00 , which includes transportation. a.
Answers (1)
You have just completed the appraisal of an office building and have concluded that the market value of the property is $2,500,000.
Answers (1)
Esther pays $467 per month for 4 years for a car. she made a down payment of $3,700. if the loan costs 7.1% per year compounded monthly, what was the cash price of the car?
Answers (1)
Why do you analyze requirements before finalizing them? A) to identify and eliminate duplicate requirements B) to resolve inconsistencies between requirements C) to make sure you have all the information you need about the requirements D) all of
Answers (1)
New Questions in Business
Samuel is working on his annotated bibliography. While writing his annotations, he copies and pastes materials from his sources into his annotations without using quotation marks. This is
Answers (1)
Vanessa's snowboard manufacturing company has encountered problems with one of its computerized decal makers. Vanessa might get someone from the Maintenance, Installation and Repair Pathway of the Manufacturing career cluster to fix the issue.
Answers (1)
You can save $3,000 per year for the next five years in an account earning 8 percent per year. how much will you have at the end of the fifth year if you make the first deposit today? (do not round intermediate calculations.
No Answers
Where did the demand for national prohibition originate?
Answers (1)
Journalize the following transactions using the allowance method of accounting for uncollectible receivables. April 1 Sold merchandise on account to Jim Dobbs, $6,800. The cost of the merchandise is $6,700.
Answers (1)
Home » Business » When government intervention makes currency worthless, this condition is called deflation. hyperinflation. cost-push inflation. demand-pull inflation.
Sign Up Forgot Password?