Which of the Following Is Not a Consequence of Hyperinflation

question 84

Multiple Choice

Which of the following is not a consequence of hyperinflation?

• A)Money's function as a medium of exchange is enhanced.
• B)Money loses value so rapidly that firms and individuals stop holding it.
• C)It causes an economy to suffer slow growth.
• D)The price level grows in excess of hundreds of percentage points per year.

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Definitions:

Dependence

A state in which one entity relies on another for support, sustenance, or survival, often used in economic, social, or substance use contexts.

Trade

The exchange of goods and services between two or more parties.

Tuscarora War

A conflict between the British, Dutch, and German settlers and the Tuscarora Native Americans in North Carolina during the early 18th century.

Slaving Raids

Expeditions or attacks aimed at capturing individuals to be sold or traded as slaves, a practice common in various parts of the world throughout history.