In November 2008, the MONTHLY rate of inflation in Zimbabwe approached 79 BILLION percent. An inflation rate such as this would
A) seriously disrupt normal commerce.
B) decrease the natural rate of unemployment.
C) be too high to calculate using the CPI.
D) all of the above

Question

Quizplus · Accepted Answer

An inflation rate of 79 billion percent would severely disrupt normal commerce by making the currency virtually worthless, leading to a breakdown in the ability to buy and sell goods and services effectively.

In November 2008, the MONTHLY Rate of Inflation in Zimbabwe