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Which Statement Best Describes the Evolution of Inflation in Canada

Question 48

Multiple Choice

Which statement best describes the evolution of inflation in Canada?


A) It has been relatively constant over the past 70 years.
B) The inflation rate was constant at 7 percent annually for most of the twentieth century.
C) During the 1990s,prices rose at an average rate of 2 percent per year.
D) During the 1970s,there was deflation.

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