What is hyperinflation?
A) Hyperinflation refers to an inflation rate in excess of 200 percent per year.
B) Hyperinflation occurs when the government of a country sells a large number of bonds.
C) It refers to a situation where a country's money supply is no longer backed by gold.
D) Hyperinflation arises due to a fall in the money supply.
Correct Answer:
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A)
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Exhibit:
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