Which one of the following statements about the United States is true?
A)Prior to World War II,the United States experienced periods of both deflation and inflation.
B)The United States has experienced inflation virtually every year since 1800.
C)Since World War II,the United States has experienced deflation.
D)Prior to World War II, the United States experienced deflation virtually every year; since World War II, the United States has consistently experienced inflation.

Question

Quizplus · Accepted Answer

The United States experienced both deflation and inflation prior to World War II, particularly during events like the Great Depression (deflation) and other economic cycles.

Which One of the Following Statements About the United States