Steve Hanke at the Cato Institute (www.cato.
org/zimbabwe) has calculated a hyperinflation
index for Zimbabwe and other countries suffering
from hyperinflations.
a. Where does Zimbabwe rank in Hanke’s
index? How long did it take for prices to
double at the peak of the hyperinflation?
b. Search media sources to find out what the
current state of Zimbabwe’s economy is.
How did the government get to this point?