During hyperinflations
A)the value of money rises rapidly.
B)money no longer functions as a good store of value and people may resort to barter transactions on a much larger scale.
C)middle-class savers benefit as prices rise.
D)money's value remains fixed to the price level;that is,if prices double so does the value of money.

Question

Quizplus · Accepted Answer

During hyperinflations, the value of money decreases rapidly and loses its function as a store of value. This leads to people resorting to barter transactions as they lose faith in the value of money.

During Hyperinflations