Recall Application 3, "Hyperinflation in Zimbabwe," to answer the following questions:
-According to the application, the price level in June 2008 was _______ percent higher than the year before.
A) 8 million
B) 4,000
C) 50 trillion
D) 300,000

Question

Quizplus · Accepted Answer

In June 2008, Zimbabwe experienced hyperinflation, with the price level being 8 million percent higher than the previous year.

Recall Application 3, "Hyperinflation in Zimbabwe," to Answer the Following