Hyperinflation is defined as an inflation rate
A) that doubles each year.
B) that exceeds 50 percent per month.
C) that increases rapidly in one year and decreases rapidly the next year.
D) that is moderately high but anticipated.

Question

Quizplus · Accepted Answer

Hyperinflation is defined as an extremely high rate of inflation, commonly understood as an inflation rate that exceeds 50 percent per month. Choices A, C, and D do not accurately describe hyperinflation.

Hyperinflation Is Defined as an Inflation Rate