In looking back over the past 40 years, which of the following has the U.S. economy experienced?
A) Persistent deflation
B) Consistent inflation at a slow constant rate
C) Persistent inflation
D) Years of both inflation and deflation

Question

Quizplus · Accepted Answer

The U.S. economy has experienced persistent inflation over the past 40 years, with prices generally rising over time, although the rate of inflation has varied.

In Looking Back Over the Past 40 Years, Which of the Following