In Germany the hyper inflation occurred in:

(A) 1919 – 1920
(B) 1922 – 1923
(C) 1926 – 1927
(D) None of these

Answer: (B) 1922 – 1923
In Germany the hyper inflation occurred between 1922 – 1923 after the world war 1.

Perfectly inelastic demand is graphed as:

(A) Horizontal line
(B) Vertical line
(C) Flatter line
(D) None of these

Answer: (B) Vertical line
Perfectly inelastic demand indicates a price elasticity of zero at every point of the curve.