Throughout U.S. history, inflation has been highest
A) right after a recession.
B) right before a recession.
C) during periods of war.
D) during Republican administrations.

Question

Quizplus · Accepted Answer

Throughout U.S. history, inflation has been highest during periods of war. This is because wars often require massive government spending, which can cause an increase in the money supply and a decrease in the value of the dollar. This, in turn, can lead to inflation.

Throughout U.S. History, Inflation Has Been Highest