During periods of hyperinflation,which of the following is the most likely response of consumers?
A)Save as much as possible.
B)Spend money as fast as possible.
C)Invest as much as possible.
D)Lend money.
E)Work harder.

Question

Quizplus · Accepted Answer

During hyperinflation, the value of money decreases rapidly, so consumers are likely to spend money quickly before it loses more value.

During Periods of Hyperinflation,which of the Following Is the Most