Answer-Hyperinflation means _______

Hyperinflation is a situation when a nations experiences very high and accelerating inflation where annual rate of inflation runs into millions or trillions in a very short period of time.

Question

Hyperinflation means

_______

A a situation when aggregate demand in an economy outpaces aggregate supply

B a situation of persistent rise in inflation along with dip in growth and increase in unemployment

C a situation when a nation experiences very high and accelerating inflation.

D a situation caused by an increase in prices of inputs like labour, raw material etc.

E None of the above

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Hyperinflation means

Solution