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Define hyper inflation |
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Answer» Like onion in up Aaj ka condition like onion Hyperinflation means when prices rise very high A situation where prices rise phenomenally High. With too much of printed money in circulation, the value of German mark fell. As the value of German mark collapsed, prices of goods soared. The image of Germarts carrying cartloads of currency notes to buy a loaf of bread was widely publicised evoking worldwide sympathy. This crisis came to be known as ‘hyperinflation’ a situation when prices rise phenomenally high. The condition when prices of goods are increase very fast in a country |
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