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A Very Rapid Growth in Prices in Which Money Loses Its Value to the Point Where Even Barter May Be Preferable is Known as -

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Question

A very rapid growth in prices in which money loses its value  to the point where even barter may be preferable is known as

Options

  • inflation.

  • hyper-inflation

  • deflation

  • disinflation

MCQ

Solution

hyper-inflation. 

shaalaa.com
Economic Current Affair (Entrance Exam)
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