Refer to the following figure to answer the following questions:
-Based on the figure,one could correctly state that
A) typically,U.S.inflation was greater than E.U.inflation,with some very brief exceptions.
B) typically,E.U.inflation was greater than U.S.inflation,with some very brief exceptions.
C) there is no consistent relationship between U.S.and E.U.inflation.
D) typically,U.S.and E.U.inflation move together,but E.U.inflation had a much larger variance than that experienced in the United States.
E) typically,U.S.and E.U.inflation move in opposite directions and U.S.inflation had a much larger variance than that experienced by the European Union.
Correct Answer:
Verified
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