Question 20 0.5 pts Ch5Q1.e Hyperinflation is defined as O Inflation excluding energy product prices and real estate prices Inflation when the rate increase of prices is greater than 50% per month The rate at which prices in general increase over time excluding service prices O All these are true Question 21 0.5 pts Ch5Q2.C . After 1989, the Washington Consensus was the base for multilateral agencies to support LA economies, which included adjustments such as 1. Downsizing of the public sector vestors Question 23 0.5 pts Ch5Q3.g In a small open economy with a fixed exchange rate, if the government adopts an expansionary fiscal policy (increasing government expending G, or decreasing Taxes) The exchange rate will rise, income will remain unchanged and no need to adjust the exchange rate, Income will rise, but the exchange rate will remain unchanged. O Both income and the interest rate will rise. The exchange rate will rise, but needs to adjust back to the fixed (par) level 0 Question 24 Bi 11 Question 22 0.5 pts Ch5Q3.C Based on the Impossible Trinity, one of the factors explaining the Mexican crisis in 1994 is The central bank trying to control all the prices of money Rising interest rates and attracting too many investors o Contractionary policies from the government and the central bank O The Mexican stock market not being attractive to investors Question 23 Ch5Q3.g ith fixed exchange rate, if the government adopts an expansionary fis