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

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

Quizplus · Accepted Answer

Hyperinflation is characterized by very high and typically accelerating inflation rates, often resulting in the rapid erosion of the real value of the local currency.

Hyperinflation Is Defined as