Question: Without money, everything would become more expensive. In countries such as Zimbabwe, which had problems with high inflation, the increased use of another country's currency

Without money, everything would become more expensive. In countries such as Zimbabwe, which had problems with high inflation, the increased use of another country's currency (such as the U.S. dollar or South African rand) became common.

Why do you suppose this occurred?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!