In the 1980s,several ________________ Countries Experienced Inflation Rates of Thousands

question 93

Multiple Choice

In the 1980s,several ________________ countries experienced inflation rates of thousands of percent per year.

• A) Asian
• B) Southern European
• C) Eastern European
• D) Latin American
• E) African

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Definitions:

Poverty

A condition where individuals or communities lack the financial resources and essentials for a minimum standard of living.

Exchange

The act of trading goods, services, or currencies among parties.

Opportunity Cost

Forfeiting the immediately lesser choice has a cost attached when decisions are being made.

TV Commercials

Short visual advertisements broadcast on television to promote products, services, or ideas to a wide audience.