List Three Nations That Have Experienced Hyperinflation

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The Answer is The nations listed in the textbook are America,Bolivia,Peru,Yugoslavia,Nicaragua,Greece,Germany,Hungary,and Zimbabwe.Increasing the money supply leads to more inflation.Governments often increase the money supply to monetize debts brought on by deficit spending in order to raise more revenue without increasing explicit tax rates.Increased velocity of money is a result of inflation.As prices continue to rise dramatically,people demand to be paid more frequently and increase the number of times they make purchases,which increases velocity.Both the increase in money growth and velocity contribute to extremely high rates of inflation,or hyperinflation,according to the quantity theory of money.

List Three Nations That Have Experienced Hyperinflation

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List Three Nations That Have Experienced Hyperinflation

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