Hyperinflation is defined as
A) declining inflation rates.
B) rising but low inflation rates.
C) very low inflation rates.
D) very high inflation rates.

Question

Quizplus · Accepted Answer

Hyperinflation refers to a situation where the inflation rate is very high, typically above 50% per month. It is characterized by rapidly increasing prices of goods and services and a sharp decline in the value of the currency.

Hyperinflation Is Defined as