If we look at the inflation rate (as measured by the CPI) in the U.S.from 1960 to 2012, we see that inflation was at its highest in the year
A)1960
B)1970
C)1980
D)1990
E)2000

Question

Quizplus · Accepted Answer

The highest inflation rate in the U.S. (as measured by the CPI) was in the year 1980 with a rate of 13.5%. This was due to a combination of factors, including high oil prices and strong demand for goods and services. Inflation rates in the other years listed were as follows: 1960 - 1.46%, 1970 - 5.72%, 1990 - 5.39%, 2000 - 3.38%.

If We Look at the Inflation Rate (As Measured by the CPI)