During the Hyperinflation in Zimbabwe Early in This Century, Which

question 48

Multiple Choice

During the hyperinflation in Zimbabwe early in this century, which of the following was TRUE?

• A)in 2006, the inflation rate reached 1,200 percent
• B)in 2004, the inflation rate reached 600 percent
• C)between January, 2004 and January, 2005, the rate of inflation was cut by 400 percent
• D)in November, 2008, the rate of inflation was about 100 percent a day
• E)all of the above

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Definitions:

Imposing Resolution

Enforcing a solution or settlement onto the parties involved in a dispute, often without their voluntary agreement.

Narcotic Effect

The numbing or desensitizing impact of an activity or substance over time, reducing its perceived effects.

Frequency of Arbitration

The rate or occurrence at which arbitration, a form of dispute resolution involving an impartial third party, is used to settle disputes.

Binding Decision

A final and enforceable decision made by an authority such as a court or arbitrator, from which parties cannot deviate.