Question #84
Reading: Reading 10 Multinational Operations
PDF File: Reading 10 Multinational Operations.pdf
Page: 47
Status: Unattempted
Correct Answer: B
Question
A hyperinflationary economy is typically defined as one that has:
Answer Choices:
A. cumulative inflation that exceeds 100% over a twelve-year period
B. cumulative inflation that exceeds 100% over a three-year period
C. an inflation rate that exceeds 10% per year for three consecutive years
Explanation
The typical definition is that cumulative inflation exceeds 100% over a three-year period.