what do you understand by hyper inflation
Answers
Answered by
4
Hyperinflation is when the prices of goods and services rise more than 50 percent a month. At that rate, a loaf of bread could one amount in the morning, and a higher one in the afternoon. The severity of cost increases distinguishes it from the other types of inflation. The next worst, galloping inflation, only sends prices up 10 percent or more a year.
Bhavya567:
plz follow me
Answered by
6
hello ☺✌
Hyper inflationis a fast decrease in the value of a currency that drastically reduces the purchasing power of the currency marked by extreme price increases of normal goods and services.
HãrYãñvï❤
Hyper inflationis a fast decrease in the value of a currency that drastically reduces the purchasing power of the currency marked by extreme price increases of normal goods and services.
HãrYãñvï❤
Similar questions
English,
7 months ago
Math,
7 months ago
Music,
1 year ago
Social Sciences,
1 year ago
English,
1 year ago