Question: 1. What is inflation. Give an example. 2. What is hyperinflation. Give an example. 3. Explain the causes of hyperinflation? 4. Explain the costs of

1. What is inflation. Give an example.

2. What is hyperinflation. Give an example.

3. Explain the causes of hyperinflation?

4. Explain the costs of hyperinflation.

5. Why sometimes governments are unable to borrow by issuing debt?

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