Historical evidence shows that consumer prices in Canada
A) deflated between the 1920s and World War II, but inflated afterward.
B) inflated between the 1920s and World War II, but deflated afterward.
C) have shown a continuous inflationary pattern since the 1920s.
D) have displayed no clear-cut trend since the 1920s.

Question

Quizplus · Accepted Answer

Between the 1920s and World War II, Canada experienced deflation during the Great Depression. After World War II, consumer prices generally inflated due to economic growth and other factors.

Historical Evidence Shows That Consumer Prices in Canada