Refer to the following figure to answer the questions that follow.
-As presented in the figure,one could correctly state that during the period shown:
A) the United States and the European Union generally experienced periods of both inflation and deflation.
B) generally, the United States experienced deflation, but the European Union experienced inflation.
C) generally, the European Union experienced more deflation than the United States did.
D) there was never a time when either the United States or the European Union experienced deflation.
E) there were brief periods of hyperinflation for both the United States and the European Union in the 1970s and early 1980s.
Correct Answer:
Verified
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