An inflation rate that exceeds 50 percent per month is referred to as
A) anticipated inflation.
B) destructive deflation.
C) hyperinflation.
D) superflation.

Question

Quizplus · Accepted Answer

An inflation rate that exceeds 50 percent per month is referred to as hyperinflation. This is an extreme form of inflation where prices rise rapidly and the value of currency rapidly declines, leading to a breakdown in the economy and the monetary system.

An Inflation Rate That Exceeds 50 Percent Per Month Is