Statement I: the Classic Case of Hyperinflation Took Place in Germany

question 75

Multiple Choice

Statement I: The classic case of hyperinflation took place in Germany after World War I.
Statement II: Because inflation is a relative term,what may be considered creeping inflation in one country would be hyperinflation in another.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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