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Inflation Climbed Steadily from 1952 to 1972

Question 365

Multiple Choice

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 was following a decreasing trend line.
C) that inflation had a positive trend.
D) that inflation had a negative trend.

Correct Answer:

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