During the 1990s and the first decade of the 2000s
A) polls have shown that U.S.citizens are more concerned about inflation than any other national problem
B) the U.S.inflation rate reached double digits (10 percent or higher)
C) the U.S.economy consistently experienced deflation (a falling price level)
D) the U.S.inflation rate averaged about 8 percent per year
E) the U.S.inflation rate averaged less than 3 percent per year

Question

Quizplus · Accepted Answer

The statement mentions "U.S. citizens are more concerned about inflation than any other national problem" but does not indicate that the concern was due to high inflation rates. Additionally, it does not mention the occurrence of deflation. The statement only indicates that the inflation rate averaged less than 3 percent per year during the given time period.

During the 1990s and the First Decade of the 2000s