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    Principles of Economics Study Set 11
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    Exam 21: The Price Level and Inflation
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    From 1960 Until 2012,the Long-Run Average Rate of Inflation in the United
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From 1960 Until 2012,the Long-Run Average Rate of Inflation in the United

Question 75

Question 75

Multiple Choice

From 1960 until 2012,the long-run average rate of inflation in the United States was


A) less than 1 percent.
B) about 4 percent.
C) about 8 percent.
D) about 12 percent.
E) negative.

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