which is the best definition of hyperinflation? a gradual decrease in the price of goods and services a…
which is the best definition of hyperinflation? a gradual decrease in the price of goods and services a gradual increase in the price of goods and services an exponential decrease in the price of goods and services 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 phenomenon. A gradual decrease is deflation, a gradual increase is normal inflation, and an exponential decrease is not related to hyper - inflation.
Answer:
an exponential increase in the price of goods and services