During the last decade the inflation rate in the U.S.has been roughly
A) 0%
B) 3%
C) 5%
D) 8%

Question

Quizplus · Accepted Answer

The inflation rate in the U.S. during the last decade has been averaging around 3%, therefore the best choice is B. Option A is incorrect as the U.S. has experienced inflation during the past decade, not an inflation rate of 0%. Option C is too high, and option D is even higher, these inflated values are not realistic when analyzing the inflation rate in the U.S. between 2011 and 2021.

During the Last Decade the Inflation Rate in the U