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During periods of hyperinflation, which of the following is the most likely response of consumers? a. Save as much as possible b. Spend money as fast as possible c. Invest as mu…

During periods of hyperinflation, which of the following is the most likely response of consumers? a. Save as much as possible b. Spend money as fast as possible c. Invest as mu…
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During periods of hyperinflation, which of the following is the most likely response of consumers?

a. Save as much as possible
b. Spend money as fast as possible
c. Invest as much as possible
d. Lend money

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User Jake
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1 Answer

1 vote
Answer is b

During periods of hyperinflation, money loses its value rapidly. Therefore the best course of action is to spend it as quickly as possible before it loses even more value.
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User Gdubs
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