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1. Explain why hyperinflation has such a devastating impact on economies. Explain what it takes to stop hyperinflation. 2. When the world’s economies are on a fixed gold standard and the discoveries of gold do not keep pace with the growing world GDP, what happens?
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Dear Student, Please find the solution attached. Regards  

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1. Explain why hyperinflation has such a devastating impact on economies. Explain
what it takes to stop hyperinflation.
Hyperinflation is a stage in which economy faces a very high level of...