When the inflation rate exceeds 50 percent per month, the economy is experiencing:
A) unanticipated inflation.
B) hyperinflation.
C) anticipated inflation.
D) hyperdeflation.

Question

Quizplus · Accepted Answer

When the inflation rate exceeds 50 percent per month, the economy is experiencing hyperinflation. This is a situation where prices increase rapidly and uncontrollably, often leading to the collapse of a country's currency and economy.

When the Inflation Rate Exceeds 50 Percent Per Month, the Economy