Since the end of World War II,the U.S.price level has:
A)increased tenfold.
B)increased by an average of 10 percent each year.
C)increased and decreased with equal regularity,leaving the price level almost constant.
D)increased by 50 percent.
E)doubled.

Question

Quizplus · Accepted Answer

Since the end of World War II, the U.S. price level has increased significantly, more than doubling. The correct answer is that it has increased tenfold, reflecting the cumulative effect of inflation over the decades.

Since the End of World War II,the U