(Solved): Resources Hint estion 9 of 16 In 2008, Betserai was a 10-year-old quintrillioeaire living in Bulaway ...

Resources Hint estion 9 of 16 In 2008, Betserai was a 10-year-old quintrillioeaire living in Bulawaye, Zimbabwe. He was literally rolling in money, In fact, Betserai has so much money that he decided to make kites out of billion dollar bills instead of putting the money into the bank to earn interest. None of Betserai's friends bothered to save their money, ciller. Rupert was Betserai's American pen pal and heard of Betserai's story and was extremely confused. He was taught that Zimbabwe was one of the poorer countries in the world, or at the least substantially poorer than the United States. Which statement best explains this phenomenon?

A country's wealth is based on the amount of money in circulation. Zimbabwe was in the midds of an incredible economic boom, substantially increasing the wealth of all its citizens. Rapid rises in price levels made the Zimbabwean dollar near worthless in terms of purchasing power. All of these statements could explain what happened in Zimbabwe in 2008.