Examlex
Which of the following is a PLC dimension?
Hyperinflation
An extremely high rate of inflation, usually defined as an inflation rate in excess of 50 percent per month.
Nationalization
The process by which a government takes control of a private industry, business, or assets and converts it into state ownership and operation.
Government Price Controls
Measures implemented by a government to regulate the price levels of commodities and services with the aim to maintain affordability, prevent inflation, or ensure a minimum income for producers.
Corruption
The misuse of government power, with which one has been entrusted or assigned, to obtain private gain; includes payments from individuals or companies to secure advantages in obtaining government contracts, avoiding government regulations, or obtaining inside knowledge about forthcoming policy changes.
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