which is the best definition of hyperinflation?\n○ a gradual decrease in the price of goods and services\n○…

which is the best definition of hyperinflation?\n○ a gradual decrease in the price of goods and services\n○ a gradual increase in the price of goods and services\n○ an exponential decrease in the price of goods and services\n○ an exponential increase in the price of goods and services

which is the best definition of hyperinflation?\n○ a gradual decrease in the price of goods and services\n○ a gradual increase in the price of goods and services\n○ an exponential decrease in the price of goods and services\n○ an exponential increase in the price of goods and services

Answer

Brief Explanations:

Hyper - inflation is characterized by extremely rapid and out - of - control price increases. An exponential increase in the price of goods and services best describes this extreme situation. A gradual increase is just normal inflation, and decreases are deflationary scenarios.

Answer:

an exponential increase in the price of goods and services