An economy is experiencing hyperinflation if the inflation rate exceeds:
A) 25 percent per month.
B) 50 percent per year.
C) 50 percent per month.
D) 100 percent per year.

Question

Quizplus · Accepted Answer

Hyperinflation is typically defined as a situation where prices increase by 50% or more per month. Option A (25% per month) and B (50% per year) do not meet this criteria. Option D (100% per year) is also not as severe as Option C (50% per month).

An Economy Is Experiencing Hyperinflation If the Inflation Rate Exceeds