Hyperinflation are extremely rare in countries whose central banks are independent of the rest of the government do you agree give reason
Answers
Answered by
0
Yes, Hyperinflations is unlikely to occur if the central bank is independent of the government.
Explanation:
- Hyperinflation describes a general rise in prices in an economy as high, unsustainable and out-of-control
- Hyperinflations generally arise when govts use the printing of money to finance a lot of their expenditures. This is highly improbable if the central bank who controls the money supply is independent of the govt
- Though hyperinflation is a rare incidence for developed economies, it has taken place several times all thru history in nations like Germany, China, Russia, Argentina, & Hungary.
To know more
What is hyperinflation?Why did it occur in germany in 1923 - Brainly.in
https://brainly.in/question/7738094
Similar questions