Which of the Following Is Not an Effect of Hyperinflation

question 46

Multiple Choice

Which of the following is not an effect of hyperinflation?

• A)Price differences among sellers of the same product become larger.
• B)People hold on to currency only for very short periods of time.
• C)People tend to exchange a currency that is subject to low inflation for one subject to high inflation.
• D)Resources are wasted by constant attention to inflation's effects.
• E)Inflation-induced activity that is rational for individuals often has a detrimental effect on the economy as a whole.

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Definitions:

Reproductive Health

A state of complete physical, mental, and social well-being in all matters relating to the reproductive system, allowing people to have a satisfying and safe sex life and the capability to reproduce.

Labor Market

The labor market is the supply and demand for labor, where employees provide the supply and employers provide the demand.

Double Deprivation

A situation where individuals or groups experience exclusion or disadvantage across more than one social, economic, or environmental dimension simultaneously.

Child Labor

The employment of children in any work that deprives them of their childhood, interferes with their ability to attend regular school, and is mentally, physically, socially, or morally harmful.