DURING HYPERINFLATIONS, (A) THE VALUE OF MONEY RISES RAPIDLY. (B)...

84) During hyperinflations,

(a) the value of money rises rapidly.

(b) money no longer functions as a good store of value and people may resort to barter transactions

on a much larger scale.

(c) middle-class savers benefit as prices rise.

(d) all of the above occur.

Answer: B

Question Status: Previous Edition