In which of the following periods was the relationship between the U.S.unemployment rate and U.S.inflation rate unstable?

Question

Quizplus · Accepted Answer

The period from 1931 to 1939 encompasses the Great Depression, during which the relationship between the U.S. unemployment rate and inflation rate was notably unstable. This era saw unprecedented levels of unemployment alongside deflationary pressures, challenging traditional economic theories that suggested a stable relationship between inflation and unemployment.

In Which of the Following Periods Was the Relationship Between