In which of the following decades was there both high inflation and rapid money supply growth in the US?
A)the 1970's and the 1990's
B)the 1970's but not the 1990's
C)the 1990's but not the 1970's
D)neither the 1970's nor the 1990's

Question

Quizplus · Accepted Answer

In the 1970's, the US experienced both high inflation and rapid money supply growth. In contrast, the 1990's saw low inflation and slower growth in the money supply.

In Which of the Following Decades Was There Both High