The first phase of inflation is :
(A) Creeping Inflation
(B) Walking Inflation
(C) Running Inflation
(D) Hyper Inflation
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Answer:
(D) Hyper Inflation
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THE FIRST PHASE OF INFLATION IS D) HYPER INFLATION
HYPERINFLATION-
- When prices rise by more than 50% in a month, it is called hyperinflation. It's really uncommon.
- In reality, the majority of hyperinflationary episodes occur when governments issue money to fund wars. Germany in the 1920s, Zimbabwe in the 2000s, and Venezuela in the 2010s are all examples of hyperinflation. America's last bout of hyperinflation occurred during the country's civil war.
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