- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 11. Understanding Business Cycles
- Subject 7. Inflation
CFA Practice Question
In Germany between January 1922 and November 1923, the average price level increased by a factor of 20 billion, doubling every 28 hours. This is called ______.
B. superinflation
C. hyperinflation
A. deflation
B. superinflation
C. hyperinflation
Correct Answer: C
Hyperinflation is an extremely fast increase in aggregate price level.
User Contributed Comments 2
| User | Comment |
|---|---|
| s4mister | ze germans |
| walterli | Thats why Nazi started war. |