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Question

xy ? MndTap . Cengage Leering NGCegg Study i anded Solut à Secure : https:/ ng atic/nb/ul/evo index.htm?deploymentld-55725919015819705534195425&elSBN-978130565; ? MINDTAP Aplia Homework: Unemployment and Inflation Back to Assignment Attempts 4. Hyperinflation, inflation, deflation, and disinflation Average:1 1920s, the value of the German mark fel dramatically. In June 1922, a U.S. dollar could buy 320 marks; by December of that same year, it could buy 8,000 marks what is the economic term for a very high rate of infation such as the one experienced by Germany in the 1920s? nflation Deflation Grade It Now Continue without saving esc 2 3 4 5 6

Explanation / Answer

The high rate of inflation is called the Hyper inflation.

Ans: Hyper inflation.

Inflation is the sustained rise in the prices of goods and services in the market , and the deflation is the decline in the prices of goods and services. The disinflation is the decline in the rate of inflation.

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