In 1980, One Zimbabwean Dollar Was Worth 1

question 92

Multiple Choice

In 1980, one Zimbabwean dollar was worth 1.47 U.S.dollars.By the end of 2008, the exchange rate was one U.S.dollar to 2 billion Zimbabwean dollars.When an economy experiences rapid increases in the price level such as what occurred in Zimbabwe, the economy is said to experience

• A)stagflation.
• B)deflation.
• C)inflation.
• D)hyperinflation.
• E)disinflation.

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Definitions:

Self-Government

A form of government in which the citizens of a country (or smaller political unit) have the right to govern themselves, often through elected representatives.

Skilled Black Workers

African American workers with specialized training or expertise, particularly noted for their significant roles in various industries despite facing racial discrimination.

Iroquois Confederacy

A historical confederation of six Native American tribes in the Northeastern United States, known for their influential political and organizational systems.

Imperial Ambitions

The desire or intention of a state to acquire and maintain an empire, characterized by domination and control over foreign territories and peoples.