(a)[2]
(i) What does hyperinflation mean?
(a)[2]
(ii) Describe what happened to the real value of money in Zimbabwe each day in November 2008.
(b)[4]
Explain how a government can bring about hyperinflation.
(c)[2]
(i) Account for the shopkeepers’ handling of cheque (check) payments.
(c)[4]
(ii) Explain how workers and foreign investors could react to hyperinflation.
(d)[6]
Discuss whether the change in Zimbabwe’s current account is the outcome one would expect when a country has the world’s highest inflation rate.