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A Graph of the Rate of Inflation in the United

Question 62

Multiple Choice

A graph of the rate of inflation in the United States over the twentieth century shows:


A) an overall upward trend interrupted by a large downturn in the 1930s.
B) some periods of deflation in the first half of the century, but only positive rates of inflation in the second half of the century.
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.

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