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    Principles of Economics Study Set 11
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    Exam 21: The Price Level and Inflation
  5. Question
    Use the Graph Shown to Discuss,in Qualitative Terms,the Changes in the U.S.inflation
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Use the Graph Shown to Discuss,in Qualitative Terms,the Changes in the U.S.inflation

Question 160

Question 160

Essay

Use the graph shown to discuss,in qualitative terms,the changes in the U.S.inflation rate from 1960 to 2012.Then estimate the inflation rate in 2012.
Use the graph shown to discuss,in qualitative terms,the changes in the U.S.inflation rate from 1960 to 2012.Then estimate the inflation rate in 2012.

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The nearly flat curve in the early 1960s...

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