Inthe 1920's, the value of the german mark fell dramatically. in june 1922, a u. s. dollar could buy 320 marks; by december of that same year, it could buy 8,000 marks.
what is the economic term for a very high rate of inflation such as the one experienced by germany in the 1920's?
a. inflation
b. disinflation
c. hyperinflation
d. deflation
Answers: 1
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