In Zimbabwe the rate of inflation hit 90 sextillion percent in 2009, with prices increasing tenfold every

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In Zimbabwe the rate of inflation hit 90 sextillion percent in 2009, with prices increasing tenfold every day. At that rate, how much would a $100 textbook cost one week later?

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Essentials of Economics

ISBN: 978-1259235702

10th edition

Authors: Bradley Schiller, Karen Gebhardt

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Question Posted: Aug 30, 2017 11:53 PM

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In Zimbabwe the rate of inflation hit 90 sextillion percent in 2009, with prices increasing tenfold every

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1 billion Explanation The answer is 1 billion A tenfold increase will cause the ...View the full answer

Essentials of Economics

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