Inflation at a Rate That Exceeds 50 Percent Per Month

question 21

Multiple Choice

Inflation at a rate that exceeds 50 percent per month is called

• A) extreme inflation.
• B) super inflation.
• C) hyperinflation.
• D) megainflation.
• E) skyflation.

---

Definitions:

Pensions

Retirement plans that require an employer to make contributions into a pool of funds set aside for a worker's future benefit, which is then paid out to the worker upon retirement.

Retirement

The phase of life where an individual ceases full-time employment, typically associated with reaching a certain age or financial status.

Benefit Packages

A collection of non-wage compensations provided to employees on top of their normal salaries, which may include health insurance, retirement plans, vacation, and other perks.

Manufacturer

An individual, business, or entity that produces finished goods from raw materials through the use of tools, human labor, and machinery.