Hyperinflation Is Caused by

question 261

Multiple Choice

Hyperinflation is caused by

• A)a constant increase in the money supply.
• B)a high rate of growth in the money supply.
• C)real GDP growing more rapidly than the money supply.
• D)the money supply growing more slowly than GDP.

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Definitions:

Damages

Monetary compensation awarded to a person who has suffered loss or harm due to the unlawful act or negligence of another.

Buyer

An individual or entity that purchases goods or services from another.

UCC

All commercial transactions across the United States are governed by a thorough set of legal guidelines known as the Uniform Commercial Code (UCC).

Cancel

The act of terminating or putting an end to a contract, agreement, or reservation.