Multiple Choice
Which of the following is not true about 'hyperinflation'?
A) During times of hyperinflation, people try to avoid holding cash.
B) Economies with hyperinflation are usually in a severe recession.
C) Hyperinflation occurs during times of an economic boom.
D) During times of hyperinflation, the rate of inflation can be millions of per cent per month.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: During a deflationary period, the:<br>A)nominal interest rate
Q6: The 'inflation rate' is measured as the:<br>A)percentage
Q7: With 'cost-push inflation', initially:<br>A)the price level and
Q8: Does inflation mean that consumers can no
Q11: If you want to earn a real
Q13: Which of the following is not generally
Q14: During times of deflation, borrowers of money
Q72: The PPI is the<br>A)price parity index.<br>B)prime producer
Q135: The formula for calculating the CPI is<br>A)(Expenditures
Q178: If the CPI falls from 142 to