WORLD CIVILIZATION

Detailed explanation-1: -Hyperinflation is a term to describe rapid, excessive, and out-of-control general price increases in an economy. While inflation measures the pace of rising prices for goods and services, hyperinflation is rapidly rising inflation, typically measuring more than 50% per month.

Detailed explanation-2: -The lowest rate in the cycle normally occurs 22 months after the start of the recession. It can then take an average of 27 months for inflation to return to normal as sustained economic growth is attained and inflation reaches its assumed 2% target.