For nearly every year since 1992 our rate of inflation was below

Question

Quizplus · Accepted Answer

The question states that the rate of inflation was below a certain number every year since 1992. According to historical data from the US Bureau of Labor Statistics, the average inflation rate from 1992 to 2019 was approximately 2.2%. However, there were also several years during this period where the inflation rate was negative (deflation), further lowering the overall average. Therefore, it can be determined that the rate of inflation was below 3 percent for nearly every year since 1992.

For Nearly Every Year Since 1992 Our Rate of Inflation