what do you understand by hyperinflation
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Hyperinflation is usually caused by an extremely rapid growth in the money supply of an economy. When the monetary and fiscal policy allow the issuance of “new” money to accommodate for government spending, the money supply grows faster than the real output of the economy, thus causing inflation.
umasharmaanju:
thank you very much
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heyaa!
your answer is...
hyperinflation is very high and typically accelerating inflation.
hope it helps...
your answer is...
hyperinflation is very high and typically accelerating inflation.
hope it helps...
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