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The massive inflation of the cost of products. For example, in Germany, the price of eggs drastically increased due to the printing of money by the government.

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Trever Windler

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11y ago

The massive inflation of the cost of products. For example, in Germany, the price of eggs drastically increased due to the printing of money by the government.

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Q: What best describes hyperinflation?
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What does hyperinflation refer to in economics?

When referring to economics hyperinflation means when a country experiences high and accelerating rates of inflation. When hyperinflation occurs price levels in an economy rise, while the value of currency drops quickly.