Which of the following best describes the history of the U.S.price level from 1970 to 2008?
A) The price level increased during the 1970s and 1980s,but decreased during the 1990s.
B) The price level increased during the 1970s but decreased during the 1980s and 1990s.
C) The price level decreased over the whole period.
D) The price level increased over the whole period.
E) The price level increased during the 1970s but decreased during the 1980s,and 1990s.

Question

Quizplus · Accepted Answer

The U.S. price level generally increased over the entire period from 1970 to 2008, with notable inflation during the 1970s and continued increases in subsequent decades.

Which of the Following Best Describes the History of the U.S.price