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Inflation that is out of control is referred to as hyperinflation. This phenomenon occurs when prices increase rapidly and uncontrollably, often exceeding 50% per month, leading to a significant erosion of purchasing power. Hyperinflation can destabilize economies and erode confidence in a currency, prompting people to seek alternative means of exchange. Historical examples include Zimbabwe in the late 2000s and Germany during the Weimar Republic in the 1920s.
What else can I help you with?
Inflation caused by a rise in per unit production costs is referred to as......?
Cost push inflation.
Keynesian solution to rising inflation?
to control inflation govt takes necessary steps 1 control high prices 2 issue low level of currerncy
When your country is experiencing inflation the government may try to control it by?
Yes government tries to control the inflation by increasing the supply into the market, this balances the demand supply curve
What is walking inflation?
Walking inflation: When the price rise is moderate (is in the range of 3 to 7 %) and the annual inflation rate is of a single digit, it is called walking inflation. It is a warning signal for the government to control it before it turns into running inflation.
When using fiscal policy the government will do just the opposite to control inflation than it does to control?
recession..A+
Inflation caused by a rise in per unit production costs is referred to as......?
Cost push inflation.
The changing cost of money is referred to as?
Inflation/deflation.
What are the objectives of price control in nigeria?
to control inflation
What is the range of hyper inflation?
Hyperinflation is an extremely rapid or out of control inflation and there is no precise numerical definition to hyperinflation. Hyperinflation is a situation where the price increases are so out of control that the concept of inflation is meaningless.
What does the term Stagflation referred to?
a period of high inflation and slow economic growth
Keynesian solution to rising inflation?
to control inflation govt takes necessary steps 1 control high prices 2 issue low level of currerncy
When your country is experiencing inflation the government may try to control it by?
Yes government tries to control the inflation by increasing the supply into the market, this balances the demand supply curve
What is walking inflation?
Walking inflation: When the price rise is moderate (is in the range of 3 to 7 %) and the annual inflation rate is of a single digit, it is called walking inflation. It is a warning signal for the government to control it before it turns into running inflation.
Are those costs which firm has no control?
Costs which are affected by inflation
How does Brazil control inflation?
by controlling growth of money supply
When using fiscal policy the government will do just the opposite to control inflation than it does to control?
recession..A+
How do monetary policy control inflation?
Monetary policy can have an impact of inflation. The ideal state of the economy is a balance between inflation and unemployment at 4.3% which is only seen in a wartime economy.
