5. A very high rate of inflation is called:

a. Stagflation.

b. Monoinflation.

c. Hyperinflation.

d. Disinflation.

6.As the Soviet rubles continued to lose their value, Estonians who had money attemptedto exchange it for other forms of currency.

a. True

b. False

7.

1. What happens to the value (purchasing power) of money, saved over time, during periods of high inflation? a. The value decreases. OR b. The value increases.

2. What happens to the value of an asset like a home during times of high inflation? a. The value decreases. OR b. The value increases.

3. Even though the value of the home grew more than 1000% making it a better investment, what do you think also happened to the value of other items that people need. a. The value decreases. OR b. The value increases.