______ inflation occurs when prices rise at a very fast rate from more than 20% to 100 percent or more per annum.

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Hyper inflation occurs when prices rise at a very fast rate from more than 20% to 100 percent or more per annum. Explanation: Hyperinflation occurs when prices rise rapidly, usually by more than 20% to 100% each year. It is an extreme form of inflation in which the value of money rapidly declines, resulting in a significant loss of purchasing power.

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