Which of the Following Would Most Likely Be Called a Hyperinflation

question 45

Multiple Choice

Which of the following would most likely be called a hyperinflation?

• A) Price increases averaged 300 percent per year.
• B) The inflation rate was 10 percent per year.
• C) Real GDP grew at a rate of 12 percent over a year.
• D) A stock market index rose by 1,000 points over a year.

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Definitions:

High Tide

High tide is the state of the tide when the water reaches its highest level.

Low Tide

The state of the tide when at its lowest level, typically occurring twice a day, which exposes areas of the seabed that are submerged at high tide.

Thermocline

A layer in a body of water or the atmosphere where temperature changes more rapidly with depth than it does in the layers above or below.

Upper

Generally refers to something that is located above something else or higher in position, order, or rank.