Which of the following periods in U.S. economic history was not characterized by inflation?
A) 1917-1920
B) 1929-1933 and 2009
C) 1947
D) 1978-1980
E) 1980-1989

Question

Quizplus · Accepted Answer

The period of 1929-1933 corresponds to the Great Depression, a time of economic downturn and deflation, not inflation. The year 2009 was part of the Great Recession, where inflation rates were relatively low, especially compared to historical periods of high inflation.

Which of the Following Periods in U