Social Sciences, asked by shibalilogistics21, 7 months ago

what is hyperinflation​

Answers

Answered by navya848878
0

Answer:

In economics, hyperinflation is very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase.

Explanation:

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Answered by taibakhatoon990
0

Answer:

hyperinflation is very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies, in recent history often the US dollar.[1] Prices typically remain stable in terms of other relatively stable .

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