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    5. What does it mean when the economy experiences hyperinflation?

    Question

    What does it mean when the economy experiences

    hyperinflation?
    A Inflation is decreasing Correct Answer Incorrect Answer
    B Inflation is slightly increasing Correct Answer Incorrect Answer
    C Inflation is at a moderate level Correct Answer Incorrect Answer
    D Inflation is increasing at an extremely rapid rate Correct Answer Incorrect Answer

    Solution

    Hyperinflation is a term used to describe a situation where the prices increase extremely rapidly and uncontrollably.

    Practice Next
      More Economy Questions
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    Relevant for Exams:

    • SSC CGL
    • Railway Protection Force Constable

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