Inflation:

Name: Inflation:
Brand: Quizplus
Rating: 4.8 (52 reviews)

Question

Inflation:

Quizplus · Accepted Answer

Inflation was very high in the 1970s and decreased in the 1980s. This is known as the "Great Inflation" period, where inflation rates in the United States reached double digits. However, in the 1980s, policies were implemented to combat inflation, resulting in a decreasing trend in inflation rates. From 1960 through 2012, there were fluctuations in inflation rates, but the overall trend was not consistently increasing or decreasing.