Which of the Following Is True of Hyperinflation

question 21

Multiple Choice

Which of the following is true of hyperinflation?

• A)It causes the value of a currency to deteriorate so quickly that people become reluctant to hold that currency.
• B)It is a situation in which people hoard currency expecting its value to increase in recent future.
• C)It is a simultaneous increase in inflation and decrease in the quality of products.
• D)It occurred in the United States in the 1970s.
• E)It is a synonym for cost-push inflation.

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Definitions:

Multichannel

Refers to the capability of ECG equipment of processing impulses from multiple leads.

Impulses

Sudden strong urges or desires to act without premeditation or reflection.

Electrocardiography

A medical test that measures the electrical activity of the heart to identify various heart conditions.

Stylus

A tool or device designed to input commands or write on a touchscreen display or graphics tablet.