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Which is the best definition of hyperinflation?
a gradual decrease in the price of goods and services
a gradual increase in the price of goods and services
an exponential decrease in the price of goods and services
an exponential increase in the price of goods and services
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GPT-5 mini
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an exponential increase in the price of goods and services
Hyperinflation refers to extremely rapid (often accelerating) inflation, where prices rise very quickly—commonly defined as monthly inflation rates exceeding about 50%.
Hyperinflation refers to extremely rapid (often accelerating) inflation, where prices rise very quickly—commonly defined as monthly inflation rates exceeding about 50%.
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