What does hyperinflation refer to?
A) extremely rapidly rising prices
B) extremely rapidly falling prices
C) an extremely high price level
D) an extremely low price level

Question

What does hyperinflation refer to?  
A) extremely rapidly rising prices 
B) extremely rapidly falling prices 
C) an extremely high price level 
D) an extremely low price level

Quizplus · Accepted Answer

Hyperinflation refers to an extremely rapid rise in prices, often to the point where a currency becomes virtually worthless. This typically occurs due to excessive money printing or a collapse in confidence in the currency.

What Does Hyperinflation Refer To