Double-digit inflation
A) has occurred in the United States in only three of the past fifty years
B) has occurred throughout most of United States history
C) is also called creeping inflation
D) was the norm in the United States until the end of the Vietnam War
E) has not occurred in the United States since the Great Depression

Question

Quizplus · Accepted Answer

Double-digit inflation has occurred in the United States in only three of the past fifty years, specifically in the 1970s, early 1980s, and briefly in 2008 during the financial crisis.

Double-Digit Inflation