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    Question

    Hyperinflation means

    _______
    A a situation when aggregate demand in an economy outpaces aggregate supply Correct Answer Incorrect Answer
    B a situation of persistent rise in inflation along with dip in growth and increase in unemployment Correct Answer Incorrect Answer
    C a situation when a nation experiences very high and accelerating inflation. Correct Answer Incorrect Answer
    D a situation caused by an increase in prices of inputs like labour, raw material etc. Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    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.

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