What is the difference between creeping inflation and hyperinflation?
A. There is no difference.
B. Hyperinflation is a relatively low rate of inflation, usually 1 to 3 percent annually. Creeping inflation is an abnormal inflation in excess of 500 percent per year.
C. Hyperinflation is a relatively low rate of inflation, usually 1 to 3 percent annually. Creeping inflation is a period of stagnant economic growth coupled with inflation.
D. Creeping inflation is a relatively low rate of inflation, usually 1 to 3 percent annually. Hyperinflation is an abnormal inflation in excess of 500 percent per year