The United States had serious difficulties fighting inflation in
A) the 1970s.
B) the 1980s.
C) both the 1970s and the 1980s.
D) every decade since World War II.

Question

Quizplus · Accepted Answer

The United States had serious difficulties fighting inflation in both the 1970s and the 1980s. The 1970s saw high inflation rates due to factors such as the oil shock and expansionary monetary policies, while the 1980s saw inflation brought under control through tight monetary policies implemented by the Federal Reserve.

The United States Had Serious Difficulties Fighting Inflation in