Refer to the information for this hypothetical economy provided in Table 20.1 below to answer the question(s) that follow.
Table 20.1
2014 2015 2016

-Refer to Table 20.1. Which of the following quarters can be associated with inflation?
A) the second quarter of the year 2014
B) the first quarter of the year 2016
C) the second quarter of the year 2016
D) all of the above

Question

Refer to the information for this hypothetical economy provided in Table 20.1 below to answer the question(s) that follow.
Table 20.1
2014 2015 2016
 
-Refer to Table 20.1. Which of the following quarters can be associated with inflation?
A) the second quarter of the year 2014 
B) the first quarter of the year 2016 
C) the second quarter of the year 2016 
D) all of the above

Quizplus · Accepted Answer

Inflation is typically indicated by a rise in prices over time. Without the specific data from Table 20.1, the question suggests that all listed quarters show signs of inflation.

Refer to the Information for This Hypothetical Economy Provided in Table