The only solution available to a country experiencing extremely high rates of inflation is to:

Question

Quizplus · Accepted Answer

Reducing money growth is the most effective solution to combat extremely high rates of inflation. This involves controlling the money supply and reducing the amount of money in circulation, which helps to decrease demand for goods and services and stabilize prices. Raising interest rates can also help to control inflation, but it may have negative impacts on economic growth. Pegging the currency to another country's currency or reverting to a gold standard may not be feasible or effective in all situations.

The Only Solution Available to a Country Experiencing Extremely High