what is hyperinflation? mention factor responsible for this.
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When associated with depressions, hyperinflation often occurs while there is a significant increase in the money supply not supported by gross domestic product (GDP) growth, resulting in an imbalance in the supply and demand for the money. Left unchecked, this causes prices to increase, as the currency loses its value.
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.Here's your Answer...
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HYPERINFLATION can be defined as the monetary inflation occuring at a high rate.
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.Here's your Answer...
⤵️⤵️⤵️⤵️⤵️⤵️
HYPERINFLATION can be defined as the monetary inflation occuring at a high rate.
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