Annual inflation equal to 1,000% means that prices are rising by
A) 100 times in a year.
B) 10 times in a year.
C) 500 times in a year.
D) 1,000 times in a year.

Name: Annual inflation equal to 1,000% means that prices are rising by A) 100 times in a year. B) 10 times in a year. C) 500 times in a year. D) 1,000 times in a year.
Brand: Quizplus
Rating: 4.7 (37 reviews)

Question

Quizplus · Accepted Answer

Brazil experienced 1,000% inflation between 1989 and 1994, which means that prices rose by 10 times in a year.

Annual Inflation Equal to 1,000% Means That Prices Are Rising