Hyperinflation is:
A)frequently experienced in the United States.
B)very erratic inflation.
C)an extremely high rate of inflation.
D)an extremely low rate of inflation.Hyperinflation is an extremely high rate of inflation.

Question

Quizplus · Accepted Answer

Hyperinflation refers to an extremely high and typically accelerating rate of inflation, often exceeding 50% per month, leading to a rapid erosion of the real value of the local currency.

Hyperinflation Is