Which of the following are consequences of hyperinflation? Check all that apply. People spend significant time and effort buying goods and services to avoid losing purchasing power. Investors make speculative rather than productive investments. People hold on to money as long as possible. People keep less of their money in the bank and more of it under their mattresses (that is, in cash).
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Home » Business » Which of the following are consequences of hyperinflation? Check all that apply. People spend significant time and effort buying goods and services to avoid losing purchasing power. Investors make speculative rather than productive investments.