Hyperinflation is
A) inflation caused by negative growth in the quantity of money.
B) inflation at a rate that exceeds 5 percent a month.
C) only theoretical and has never occurred in the real world.
D) inflation caused by excessive growth in the demand for money.
E) inflation at a rate that exceeds 50 percent a month.
Question 2
If the yen to dollar exchange rate is 115, the U.S. price index is 140, and the Japanese price index is 165, what is the U.S. real exchange rate?
A) 74.52 B) 97.58 C) 135.55 D) 200.87