Over the last twenty years, the United States had periods of considerable:
A)asset price inflation, followed by sudden spurts of asset price deflation.
B)goods price inflation, followed by sudden spurts of goods price deflation.
C)asset price deflation, followed by sudden spurts of goods price inflation.
D)asset price deflation, followed by sudden spurts of asset price inflation.

Question

Quizplus · Accepted Answer

The United States experienced significant asset price inflation, such as in housing and stock markets, followed by sharp declines, notably during the 2008 financial crisis and other market corrections.

Over the Last Twenty Years, the United States Had Periods