An inflation rate greater than 50 percent per month is known as
A) disinflation.
B) stagflation.
C) deflation.
D) hyperinflation.

Question

Quizplus · Accepted Answer

Hyperinflation is when there is a rapid and out-of-control increase in prices, typically more than 50 percent per month. Disinflation is a reduction in the rate of inflation, stagflation is a combination of high inflation and stagnant economic growth, and deflation is a decrease in the overall price level of goods and services.

An Inflation Rate Greater Than 50 Percent Per Month Is