Q. 'Gallop Inflation' is also known as What?
Answer: Hyperinflation
Notes: Gallop inflation (also jumping inflation) is one that develops rapidly (double or triple digit annual rates), perhaps only for a short period of time. For example: Prices move between 20% to 100% per year or even more, such a situation brings about a complete collapse of the monetary system due to a continuous decline in the purchasing power of the currency.

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