Business, 14.03.2020 02:15 CelesteN64
Suppose that the government of Venezuela decided to give everyone in the country the equivalent of $20,000. Upon receipt of the money, people raced to the stores to buy furniture, electronics, and new clothes. There was such high demand for goods that producers raised prices. What is this an example of?
a. isolationism
b. inflation
c. spot exchange
d. recession
e. a planned economy
Answers: 2
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Suppose that the government of Venezuela decided to give everyone in the country the equivalent of $...
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