A graph of the rate of inflation in Canada over the twentieth century shows:
A)an overall upward trend interrupted by a large downturn in the 1930s.
B)some periods of deflation mixed with mostly positive rates of inflation before 1955 but only positive rates of inflation after 1955.
C)a relatively steady, positive level throughout the century except for deflation in the 1930s.
D)a constant rate of inflation in the first half of the century followed by an upward trend in the second half.

Question

Quizplus · Accepted Answer

Before 1955, Canada experienced both inflation and deflation, but after 1955, inflation rates remained positive, reflecting economic growth and policy changes.

A Graph of the Rate of Inflation in Canada Over