Hyperinflation can be defined as an inflation rate of
A) 50% or more per month.
B) 50% or more per year.
C) 50% or more decade.
D) All of the above are appropriately defined as hyperinflations.

Question

Quizplus · Accepted Answer

Hyperinflation is commonly defined as an inflation rate of 50% or more per month, which is significantly higher than an inflation rate of 50% or more per year or per decade. While all the choices may indicate high inflation rates, A is the most appropriate definition for hyperinflation.

Hyperinflation Can Be Defined as an Inflation Rate of