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Serhud [2]
3 years ago
5

When does inflation become hyperinflation?

Business
1 answer:
kakasveta [241]3 years ago
7 0

Answer:

The correct answer is letter "B": When the inflation rate hits 100%.

Explanation:

Hyperinflation is an economic term describing rapid uncontrolled price increases. During periods of hyperinflation, the real value of domestic currency vanishes at a rapid rate. Hyperinflation takes place<em> when inflation has reached or is more than 50% during one month</em> or <em>when inflation reaches or exceeds 100% over three years</em>.

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