Inflation in the United States has maintained a steady rate of 11 percent for the past two decades.

Name: Inflation in the United States has maintained a steady rate of 11 percent for the past two decades.
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Question

Quizplus · Accepted Answer

This statement is false. Inflation in the United States has not maintained a steady rate of 11 percent for the past two decades. The average inflation rate over the past 20 years has been around 2 percent, although there have been some years with higher or lower rates of inflation.

Inflation in the United States Has Maintained a Steady Rate