Which of the following statements is true?

Question

Quizplus · Accepted Answer

Option A is false as the rate of inflation was not negative in the 1980s, instead it was high during that period. Option B is false as the average rate of inflation has been around 2-3% over the past 40 years. Option D is false as inflation rate usually decreases during a recession. Option E is also false as inflation rate usually remains positive during a recession. Option C is true as the United States has not experienced a low and stable rate of inflation over the past 40 years, rather it has fluctuated.

Which of the Following Statements Is True