In Virtually All Hyperinflations, Rapid Money Growth Begins to Occur

question 62

Multiple Choice

In virtually all hyperinflations, rapid money growth begins to occur because of:

• A) credit dominance.
• B) monetary dominance.
• C) exchange dominance.
• D) income dominance.
• E) fiscal dominance.

---

Definitions:

Rock Concerts

Rock concerts are live music performances by rock bands or solo artists, characterized by energetic performances and, often, loud music.

Colas

Cost-of-living adjustments (COLAs) are automatic adjustments made to salaries, wages, or benefits to counteract the effects of inflation.

Marginal Utility

The increase in happiness or usefulness experienced by a consumer when one more unit of a good or service is consumed.

Good A

A placeholder term that typically represents a general or unspecified item in economic models or discussions.