In Less Than Two Years in the Early 1920s,the Cost

question 46

Multiple Choice

In less than two years in the early 1920s,the cost of a German newspaper rose from 0.30 marks to 70,000,000 marks.This is a spectacular example of

• A)market power caused by a change in the country's standard of living.
• B)market power caused by a single firm controlling the newspaper production.
• C)inflation caused by increased productivity in the economy.
• D)inflation caused by an increase in the quantity of money in the economy.

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Definitions:

Valence

The combining capacity of an element or particle, often determined by the number of electrons that an atom can share, gain, or lose.

Formal Charge

A concept in chemistry that represents the charge assigned to an atom in a molecule, assuming that electrons in all chemical bonds are shared equally between atoms, irrespective of electronegativity.

Nitrogen Atoms

Atoms that have five electrons in their outer shell and are essential components of amino acids, proteins, and nucleic acids.

Non-Zero Formal Charges

The scenario in which atoms within a molecule have a formal charge other than zero, indicating an unequal distribution of electrons.