Respuesta :
Although hyperinflation is a periodic event for developed economies, it has happened many times throughout history in nations such as China, Germany, Russia, Hungary, and Argentina.
What rate is hyperinflation?
It refers to a condition where the prices of goods and services rise uncontrollably over a defined period of time. In general, the term is employed when the rate of inflation grows at more than 50% a month. Typically, hyperinflation is triggered by a very quick change in the money supply.
What is hyperinflation in history?
Hyperinflation is the immediate, massive, and unmanageable increase in prices. In Hungary just after World War II, prices folded every 15 hours. More recently, in Zimbabwe, prices creased every day. In the uneasy Yugoslavia of the 1990s, inflation hit 50% a year.
To learn more about hyperinflation, refer
https://brainly.com/question/1300466
#SPJ9
Yes, Hyperinflation are unlikely to occur if the central bank stands independent of the government.
What is Hyperinflation ?
Yes, Hyperinflation are unlikely to occur if the central bank stands independent of the government.
In economics, hyperinflation exists as a very high and typically accelerating inflation. It fast erodes the real value of the local currency, as the expenses of all goods increase. This causes individuals to minimize their holdings in that currency as they usually switch to more durable foreign currencies.
- Hyperinflation represents a general rise in prices in an economy as high, unsustainable and out-of-control.
- Hyperinflation naturally arise when governments utilize the printing of money to invest a lot of their expenditures. This stands highly improbable if the central bank that manages the money supply exists independent of the govt.
- Though hyperinflation exists a rare incidence for designed economies, it has been brought place several times all through history in countries like Germany, China, Russia, Argentina, & Hungary.
To learn more about Hyperinflation refer to:
https://brainly.com/question/1297747
#SPJ9
