There Was Hyperinflation During the

question 13

Multiple Choice

There was hyperinflation during the

• A)period 1880-1896 in the United States.
• B)1970s in the United States.
• C)early part of the current century in Zimbabwe.
• D)All of the above are correct.

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Definitions:

U.S. Dollar

The official currency of the United States, used as a standard monetary unit in international trade.

Foreign Exchange Market

A global decentralized or over-the-counter market for trading currencies, determining foreign exchange rates for every currency.

Organized Exchange

is a regulated marketplace where securities, commodities, derivatives, and other financial instruments are traded between members.

Physical Location

The tangible and geographic place where a business operates or a service is provided.