Economic Glossary | Hyperinflation | Bankers Algo
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Economic Glossary

    Hyperinflation

Exceptionally high inflation rates. While there are no hard and fast guidelines, an annual inflation rate of 20 percent or more is likely to get you the hyperinflation title. Some countries in the past have been quite good at creating hyperinflation. An annual inflation rate of 1,000 percent has not been uncommon. On occasion, the trillion percent inflation rate mark has been achieved


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Word of the day

Endeavour(v)

Meaning:

to exert oneself to do or affect something; make an effort; strive

Synonyms: aim, best shot, crash project, dry run, effort, enterprise, essay, exertion, fling, full blast

Antonyms: idleness, laziness

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The boys and girls in a college are in the ratio of 3:2. If 20% of boys and 25% of girls are adults, the percentage of students who are not adults is?

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