*9. Why have some economists described money during a hyperinflation as a hot potato that is quickly...

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*9. Why have some economists described money during a hyperinflation as a “hot potato” that is quickly passed from one person to another?

10. In Brazil, a country that was undergoing a rapid inflation before 1994, many transactions were conducted in dollars rather than in reals, the domestic currency.

Why?

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The Economics Of Money Banking And Financial Markets

ISBN: 9780321122353

7th Edition

Authors: Frederic S. Mishkin

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Question Posted: Jul 26, 2024 09:01 AM

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*9. Why have some economists described money during a hyperinflation as a hot potato that is quickly...

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The Economics Of Money Banking And Financial Markets

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