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bearhunter [10]
2 years ago
11

In 2008, Zimbabwe ran out of locally produced Coca Cola and local Coke bottlers were not able to import the concentrated syrup n

eeded to make Coke from the United States because they could not obtain U.S. dollars. A small amount of Coke was imported from South Africa, but a single bottle sold for around 15 billion Zimbabwean dollars. Zimbabwe was experiencing rapid increases in the price level, which is known as inflation. deflation. stagflation. hyperinflation.
Business
1 answer:
almond37 [142]2 years ago
3 0

Answer:

4) Hyperinflation

Explanation:

Hyperinflation is when the prices of goods and services rise more than 50 percent a month. At that rate, a loaf of bread could cost one amount in the morning and a higher one in the afternoon. The severity of cost increases distinguishes it from the other types of inflation.

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Mackenzie is responsible for buying a week's supply of food and medication for the puppies and kittens at a local shelter. the f
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The budget is $4,240.

There are 164 kittens and 24 puppies.
Let
x = amount spent on each kitten
y =  amount spent on each puppy.

The cost for each puppy is twice a much as that for a kitten. Therefore
y = 2x                  (1)

The available amount is $4,240, therefore
164x + 24y = 4240          (2)

Substitute (1) into (2).
164x + 24(2x) = 4240
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x = $20
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Answer: $40 for each puppy.

7 0
3 years ago
Your bank is offering you an account that will pay 20 % interest in total for a​ two-year deposit. Determine the equivalent disc
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Answer: a. 0.042 b. 0.086 c. 0.00692

Explanation:

NOTE: Convert months to years. So 24 months = 2 years.

a. Six months

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c. 1 month

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= 0.00692

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