Hyperinflation is a period of time when a. people “hoard” their money
Hyperinflation is a period of time when
a. people “hoard” their money.
b. the price level explodes and the money supply decreases.
c. both the price level and taxes explode.
d. inflation is greater than 1,000%.
e. the price level rises faster than the money supply.
ANSWER
D
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