During Hyperinflations

question 9

Multiple Choice

During hyperinflations

• A)the value of money rises rapidly.
• B)money no longer functions as a good store of value and people may resort to barter transactions on a much larger scale.
• C)middle-class savers benefit as prices rise.
• D)money's value remains fixed to the price level;that is,if prices double so does the value of money.

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Definitions:

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A term that implies applicability or relevance to all cases or situations without exception.

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Pertaining to or comparing two or more different cultures, often emphasizing the interaction and comparative study of their differences and similarities.

Cross-Border Mergers

Transactions where companies from different countries combine their operations or assets, often to expand market reach or consolidate industry positions.

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A financial commitment by an individual or company from one country into business ventures or assets in another country, whether by setting up business activities or purchasing business assets.