In the United States during the period from 1870 to 1940, the price level was most likely to
A)fluctuate.
B)increase.
C)decrease.
D)trend generally upward.

Question

Quizplus · Accepted Answer

During this period, the U.S. experienced both inflation and deflation, with significant fluctuations in the price level due to events like the post-Civil War deflation, the inflation of the 1920s, and the deflation of the Great Depression.

In the United States During the Period from 1870 to 1940