Which Annual Rate of Inflation Is Hyperinflation

question 117

Multiple Choice

Which annual rate of inflation is hyperinflation?

• A) 5%
• B) 13%
• C) 25%
• D) 2,000%

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Definitions:

Contract

An agreement between two or more parties that is enforceable by law and legally binding.

Subject Matter

The topic or substance of a discussion, document, or work, especially in legal contracts or litigation.

Sold

The completed process of transferring ownership of a good or property in exchange for money or value.

Invitation to Treat

An invitation for parties to make offers or negotiate, which itself does not bind the parties to a contract.