Which of the Following Is Not True About 'Hyperinflation

question 9

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.

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Definitions:

Attorney General

The principal legal officer of a state or a country, responsible for representing the government in legal matters.

Picketing

The placement of persons for observation, patrol, and demonstration at the site of employment as part of employee pressure on an employer to meet a demand.

Boycotting

The act of refusing to buy, use, or participate as a means of protest or coercion.

Norris-LaGuardia Act

The Norris-LaGuardia Act of 1932 is a U.S. federal law that protects the right of workers to organize and engage in labor activities without employer interference.