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All of the Following Statements About Inflation in the United

Question 116

Multiple Choice

All of the following statements about inflation in the United States are correct except


A) Since the Great Depression,average prices have risen almost every year.
B) The inflation rate was 13.5 percent in 1980.
C) Prior to World War II,the United States experienced periods of both deflation and inflation.
D) Inflation was at its worst during the Great Depression.

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