Which of the following statements about U.S.inflation is not correct?
A)Low inflation was viewed as a triumph of President Carter's economic policy.
B)There were long periods in the nineteenth century during which prices fell.
C)The U.S.public has viewed inflation rates of even 7 percent as a major economic problem.
D)The U.S.inflation rate has varied over time,but international data show even more variation.

Question

Quizplus · Accepted Answer

President Carter actually struggled with high inflation rates during his presidency, which peaked at nearly 15% in 1980. Therefore, low inflation was not a triumph of his economic policy.

Which of the Following Statements About U