Inflation climbed steadily from 1952 to 1972. A time- series graph with inflation on the vertical axis and time (in years) on the horizontal axis would show
A) the rate of inflation as a horizontal line.
B) that inflation had a positive trend.
C) that inflation had a negative trend.
D) that inflation was following a decreasing trend line.

Question

Quizplus · Accepted Answer

The question states that inflation climbed steadily during the time period from 1952 to 1972, indicating that there was a positive trend in inflation. Therefore, a time-series graph would show a line sloping upwards from left to right, indicating the increase in inflation over time.

Inflation Climbed Steadily from 1952 to 1972