In November 2008, Zimbabwe's inflation rate reached:
A500 percent a year
B79.6 billion percent
C1.6 percent a year
D25 percent a year
Answer & Solution
Correct answer: B. 79.6 billion percent
1. Prices roughly doubled every day.
2. The rate was 79.6 billion percent.
3. The US averaged 1.6 percent in 2014.
_Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 8, Inflation (CC BY 4.0)._
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