A hyperinflation is
A)a period of extreme inflation generally greater than 50% per month.
B)a period of anxiety caused by rising prices.
C)an increase in output caused by higher prices.
D)impossible today because of tighter regulations.

Question

Quizplus · Accepted Answer

A hyperinflation is a period of extreme inflation generally greater than 50% per month. It is characterized by a rapid and uncontrollable increase in the price of goods and services, often leading to a breakdown in the economy and social unrest.

A Hyperinflation Is