Which of the Following Is True of Hyperinflation

Which of the following is true of hyperinflation?

A) It causes the value of a currency to deteriorate so quickly that people become reluctant to hold that currency.
B) It is a situation in which people hoard currency expecting its value to increase in recent future.
C) It is a simultaneous increase in inflation and decrease in the quality of products.
D) It occurred in the United States in the 1970s.
E) It is a synonym for cost-push inflation.

Correct Answer:

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