Which of the following is TRUE?
A)the German policy mix in the early 1990s was the exact opposite of that in the U.S. in the early 1980s
B)the inflation rate in Germany in 1991 was 5.1% and was a matter of great concern
C)nominal interest rates in Germany decreased from 1990-92, while real interest rates increased
D)real GDP growth remained remarkably strong in Germany from 1990-92
E)none of the above

Question

Quizplus · Accepted Answer

In 1991, Germany experienced an inflation rate of 5.1%, which was indeed a significant concern at the time.

Which of the Following Is TRUE