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Other Fields Homework Help Economics Topic started by: Tidy on Jun 22, 2015



Title: In 1980, one Zimbabwean dollar was worth 1.47 U.S. dollars. By the end of 2008, the exchange rate wa
Post by: Tidy on Jun 22, 2015
In 1980, one Zimbabwean dollar was worth 1.47 U.S. dollars. By the end of 2008, the exchange rate was one U.S. dollar to 2 billion Zimbabwean dollars. When an economy experiences rapid increases in the price level such as what occurred in Zimbabwe, the economy is said to experience
A) stagflation.
B) deflation.
C) inflation.
D) hyperinflation.


Title: Re: In 1980, one Zimbabwean dollar was worth 1.47 U.S. dollars. By the end of 2008, the exchange rat
Post by: Sydnie on Jul 8, 2015
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