Question: In which of the following cases is the economy most likely considered a hyperinflationary economy? a An economy that has a cumulative inflation rate of
In which of the following cases is the economy most likely considered a hyperinflationary economy?
a An economy that has a cumulative inflation rate of 90% over a three-year period
b An economy in which the annual inflation rate increased by half when compared to the prior year
c An econmy in which the annual inflation rate doubled when compared to the prior year
d An economy that has a cumulative inflation rate approaching or exceeding 100% over a three-year period
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