Use the following to answer questions: Table: Inflation in Poland $$\begin{array} { l c }
\hline \text { Year } & \text { Inflation Rate (Annual \% Change) } \
\hline 1985 & 15.1 \% \
1990 & 585.8 \% \
1999 & 7.3 \% \
2002 & 1.9 \% \
2003 & 0.8 \% \
\hline
\end{array}$$ Source: International Monetary Fund (www.imf.org)
-(Table: Inflation in Poland) This table shows actual inflation data for different periods in Poland. Which year was hyperinflationary?
A) 1985
B) 1990
C) 1999
D) 2003

Question

Use the following to answer questions: Table: Inflation in Poland $$\begin{array} { l c } 
\hline \text { Year } & \text { Inflation Rate (Annual \% Change) } \
\hline 1985 & 15.1 \% \
1990 & 585.8 \% \
1999 & 7.3 \% \
2002 & 1.9 \% \
2003 & 0.8 \% \
\hline
\end{array}$$ Source: International Monetary Fund (www.imf.org)
-(Table: Inflation in Poland) This table shows actual inflation data for different periods in Poland. Which year was hyperinflationary?
A) 1985
B) 1990
C) 1999
D) 2003

Quizplus · Accepted Answer

Hyperinflation is defined as an inflation rate of 50% or more per month. In 1990, the inflation rate in Poland was 585.8%, which is much higher than 50% per month. Therefore, 1990 was a hyperinflationary year in Poland.

Use the Following to Answer Questions: Table: Inflation in Poland