Inthe 1920's, the value of the German mark fell dramatically. in June 1922, a U. S. dollar could buy 320 marks; by December of that same year, it could buy 8,000 marks.
What is the economic term for a very high rate of inflation such as the one experienced by Germany in the 1920's?
A. Inflation
B. Disinflation
C. Hyperinflation
D. Deflation
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Inthe 1920's, the value of the German mark fell dramatically. in June 1922, a U. S. dollar could buy 320 marks; by December of that same ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
A net pay can be defined as
Answers (1)
A real estate salesperson bought promotional calendars and date books to give to her customers at the end of the year. The calendars cost $0.750.75 each, and the date books cost $0.500.50 each.
Answers (1)
A citizen of the United States A. feels no obligation to do community service. B. gets no preparation for community service in school. C. is not offered civics classes. D. has both a private life and a public life.
Answers (1)
The adjusted trial balance for China Tea Company at December 31, 2021 is presented below: Accounts Debit Credit Cash $ 16,000 Accounts receivable 152,000 Prepaid rent 10,000 Supplies 32,000 Equipment 330,000 Accumulated depreciation $ 128,000
Answers (1)
A manufacturing unit uses all its resources efficiently
Answers (1)
New Questions in Business
Rockingham Motors issued a 30-year, 8 percent semiannual bond 3 years ago. The bond currently sells for 103.1 percent of its face value. The company's tax rate is 34 percent. What is the aftertax cost of debt?
Answers (1)
Producer surplus is the area A. under the demand curve and above the price. B. between the supply and demand curves. C. below the price and above the supply curve. D. under the supply curve.
Answers (1)
Arthur made a bid at an auction by calling out the amount of $250. The auctioneer acknowledged Arthur's bid. There were no higher bids, and before the fall of the auctioneer's hammer, Arthur announced that he was withdrawing the bid.
Answers (1)
You can still use deferment or forbearance options after your loans are in default. True or False
Answers (1)
Assume that Cane normally produces and sells 75,000 Betas and 95,000 Alphas per year. If Cane discontinues the Beta product line, its sales representatives could increase sales of Alpha by 15,000 units.
Answers (1)