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Hyperinflation are extremely rare in countries whose central banks are independent of the rest of the government do you agree give reason |
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Answer» yperinflations is unlikely to occur if the central bank is INDEPENDENT of the government.Explanation:Hyperinflation describes a general rise in prices in an economy as high, unsustainable and out-of-controlHyperinflations generally arise when govts use the printing of money to finance a lot of their expenditures. This is highly improbable if the central bank who controls the money supply is independent of the govtThough hyperinflation is a rare incidence for developed economies, it has taken place several times all thru history in NATIONS like Germany, CHINA, Russia, ARGENTINA, & Hungary. To know moreWhat is hyperinflation?Why did it occur in germany in 1923 - Brainly.inbrainly.in/question/7738094 |
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