Question: Can you please answer this. Thank you While hyperinflation are always caused by rapid growth in the money supply, they can be intensified by the

Can you please answer this. Thank you

While hyperinflation are always caused by rapid growth in the money supply, they can be intensified by the actions of households and firms trying to protect themselves from inflation by spending money as soon as they receive it

During hyperinflation, the velocity of money is likely to increase/decerease/remain unchanged

Use the quantity equation to show how the change in velocity affects the inflation rate.

Holding the growth rate of real GDP constant, this change in velocity must increase/decerease/remain unchanged inflation.

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