Which economic stabilization plan was introduced in June 1985 by President Alfonsín, creating a new currency?
Answer and explanation
Correct answer: B. The Plan Austral
- Step 1: Formulated by Economy Minister Juan Vital Sourrouille to combat hyperinflation. Step 2. It froze prices, utility tariffs, and wages, achieving initial inflation reduction. Answer: The Plan Austral. Why not the others: Growing fiscal deficits eventually led to its collapse in 1988-1989.
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