An Extremely High Rate of Inflation Is Called ________

question 104

Multiple Choice

An extremely high rate of inflation is called ________.

• A)super inflation
• B)deflation
• C)disinflation
• D)hyperinflation

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Definitions:

Vault Cash

Currency and coins held by a bank in its vault and used to satisfy the bank's reserve requirements.

Securities

Financial instruments representing ownership (stocks), a creditor relationship with a government or corporation (bonds), or other rights to ownership or profit.

Open Market

A marketplace that is open to all participants, where buyers and sellers engage in trade without significant restrictions or regulations.

Interest Rates

The percentage of a sum of money charged for its use, often expressed annually.