Hyperinflation Is

question 33

Multiple Choice

Hyperinflation is

• A)An inflation rate in excess of 200 percent,lasting at least one year.
• B)An inflation rate in excess of 20 percent,lasting at least one year.
• C)A common problem in the United States.
• D)The movement of taxpayers to higher tax brackets because of rising prices.

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Definitions:

Damaged Property

Real or personal property that has suffered physical harm or destruction, diminishing its value or utility.

Governmental Authority

The legal power or right held by government bodies to enact and enforce laws, regulations, and ordinances.

Backpack

A bag carried on one's back, often secured with two straps that go over the shoulders, used for carrying items.

Restaurant

A business establishment where meals or refreshments are prepared and served to customers in exchange for money.