Hyperinflation is defined as
A)very low inflation rates.
B)declining inflation rates.
C)very high inflation rates.
D)rising but low inflation rates.

Name: Hyperinflation is defined as A)very low inflation rates. B)declining inflation rates. C)very high inflation rates. D)rising but low inflation rates.
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Question

Quizplus · Accepted Answer

Hyperinflation refers to an extremely high and typically accelerating rate of inflation, often exceeding 50% per month, leading to a rapid erosion of the real value of the local currency.

Hyperinflation Is Defined as