History, asked by aditiinsaa, 1 year ago

what is hyperinflation

Answers

Answered by KrupaM
1
In economics, hyperinflation occurs when a country experiences very high and usually accelerating rates of inflation, rapidly eroding the real value of the local currency, & causing the population to minimise their holdings of local money. The population normally switches to holding relatively stable foreign currencies.
Answered by vaishnavilahari
1
monetary inflation occurring at a very high rate.

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