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A country experiences hyperinflation when?
its currency loses value at the same time prices increase.
When does a country experience hyperinflation?
When its currency loses value at the same time prices increase.
How do the y value change as the x value increase if the line is a negative slope?
the Y value decreases.
What is the percent increase if the original value of 50 decreases by 18?
Since the original value of 50 decreases to 18, it has a % decrease and not a percent increase. % decrease = [(50 - 18)/50] x 100% = 64%
A depreciation in the external value of the currency is likely to...?
increase inflation
How does currency get its power?
Currency gets its Power from the People who accept it. If you lose faith in the ability of the Government to stand behind a currency its value decreases, or can become ZERO. If you want to buy something from me and I refuse to accept your Currency, and demand Gold, what is the Currency's value...well Zero for this transaction.
What happens when there is an increase in prices for good and service combined with a reduction in the value of money?
When there is an increase in prices for good and services combined with a reduction in the value of money it is known as inflation.
What happened when there is an increase in prices for good and services combined with a reduction in the value of money?
When there is an increase in prices for good and services combined with a reduction in the value of money it is known as inflation.
What happens when there is an increase in prices for goods and services combined with a reduction in the value of money?
When there is an increase in prices for good and services combined with a reduction in the value of money it is known as inflation.
Does refining a food usually increase the nutritional value?
Unless vitamins are added, the nutritional value geherally decreases.
What is inflation according to Hawtrey?
Inflation results from an increase in the amount of circulating currency beyond the needs of trade; an oversupply of currency is created, and, in accordance with the law of supply and demand, the value of money decreases. This is because excess demand means that aggregate demand is growing faster then the capacity of an economy to supply.
Why value of 'g' decreases due to increase in length?
as we go far from earths surface the value of g decreases this is because g is inversely proportional to the value of r^2(which is the distance of the body from the center of the earth.
