What will come in place of X In the above passage ........

Economic and Social Issues Monetary and Fiscal Policy

This is a ‘very high inflation’ running in the range of double-digit or triple digit (i.e., 20 percent, 100 per cent or 200 per cent in a year).In the decades of 1970s and 1980s, many _______X__________countries had such rates of inflation—in the range of 50 to 700 per cent. The Russian economy did show such inflation after the disintegration of the ex-USSR in the late 1980s.

What will come in place of X In the above passage?

South east Asia countries

Latin American countries

South asian countries

West Asian countries

None of the above

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Explanation:

This is a ‘very high inflation’ running in the range of double-digit or triple digit (i.e., 20 percent, 100 per cent or 200 per cent in a year).14 In the decades of 1970s and 1980s, many Latin American countries such as Argentina, Chile and Brazil had such rates of inflation—in the range of 50 to 700 per cent. The Russian economy did show such inflation after the disintegration of the ex-USSR in the late 1980s.