Yes.... that is a 100,000,000,000,000 Zimbabwe dollar note! The product of extreme hyperinflation in Zimbabwe in the first decade of the 21st century. You can read about it here. By November 2008 the rate of inflation was a massive 89,700,000,000,000,000,000,000%!!! Hungary has actually suffered a higher rate of inflation than that.... in July 1946 the rate of inflation was Jul. 1946, 41.9 quadrillion percent! See here for more details. Current inflation details for Hungary can be found here. For details on world inflation rates click here. The US Inflation calculator can be found here... how much would it cost you in 2014 to buy something that was priced at $20 in the year you were born and what is the cumulative inflation rate? TASK 1
Define the following terms and also construct a graph to show these events over time:
TASK 2 Click on the link Measuring Inflation to access worksheet with tasks
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