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Social StudiesSocial Studies
25 January, 02:49

Which of the following are consequences of hyperinflation? Check all that apply.

A. People spend significant time and effort buying goods and services to avoid losing purchasing power.

B. People spend money as rapidly as possible. Investors make productive rather than speculative investments.

C. Wages and prices spiral downward.

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Answers (1)
  1. 25 January, 03:40
    0
    B, may not be correct
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Home » Social Studies » Which of the following are consequences of hyperinflation? Check all that apply. A. People spend significant time and effort buying goods and services to avoid losing purchasing power. B. People spend money as rapidly as possible.
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