1.After suffering two years of staggering hyperinflation, the African nation of Zimbabwe officially abandoned its currency, the...
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1.After suffering two years of staggering hyperinflation, the African nation of Zimbabwe officially abandoned its currency, the Zimbabwean dollar, in April 2009 and made the U.S. dollar its official currency. Why would anyone in Zimbabwe be willing to accept U.S. dollars in exchange for goods and services?
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Principles Of Economics
ISBN: 9780135161104
13th Edition
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster
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