The Australian inflation rate was:
A) the highest in 1974-75.
B) the lowest in 1974-75.
C) the highest in 1991-92.
D) the lowest in 1982-83.

Name: The Australian inflation rate was: A) the highest in 1974-75. B) the lowest in 1974-75. C) the highest in 1991-92. D) the lowest in 1982-83.
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The Australian inflation rate was the highest in 1974-75, largely due to the effects of the 1973 oil crisis and associated economic factors that led to a global surge in inflation rates.

The Australian Inflation Rate Was