In 1980,one Zimbabwean dollar was worth 1.47 U.S.dollars.By the end of 2008,the exchange rate was one U.S.dollar to 2 billion Zimbabwean dollars.When an economy experiences rapid increases in the price level such as what occurred in Zimbabwe,the economy is said to experience

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The rapid increase in the price level in Zimbabwe indicates hyperinflation, which is characterized by extremely high rates of inflation that lead to a loss of value in the local currency. This is evidenced by the significant decrease in the value of Zimbabwean dollars relative to the US dollar by the end of 2008.

In 1980,one Zimbabwean Dollar Was Worth 1