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A hyperinflation occurs when (Multiple Choice Question)

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A hyperinflation occurs when (Multiple Choice Question)

A hyperinflation occurs when
A) inflation persists for more than two years.
B) inflation persists for more than five years.
C) the inflation rate exceeds 50% per year.
D) the inflation rate exceeds 50% per month.

Textbook

Money, Banking, and the Financial System

Edition: 3^rd

Authors: Hubbard, O'Brien

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