As a Result of Hyperinflation in Zimbabwe

question 41

Multiple Choice

As a result of hyperinflation in Zimbabwe,

• A)prices were 150 million times higher at the end of 2008 than they were at the beginning
• B)the price level fell by 50 percent in 2008
• C)real GDP rose there faster than did nominal GDP
• D)the "shoe-leather cost" (of looking for the lowest price)was very high
• E)many Zimbabweans migrated to neighboring countries

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Definitions:

Social Motive

The underlying psychological drive that influences individuals to seek social connections and interactions.

Need for Rest

A physiological and psychological requirement for periods of rest or sleep to recover from activity and maintain health.

Social Motives

Social motives are driving forces behind individuals' behaviors that stem from the need for social interaction, acceptance, and belonging within a group or society.

Relationships

The connections, associations, or interactions between individuals or groups.