From 1960 until 2012,the long-run average rate of inflation in the United States was:
A) less than 1%.
B) about 4%.
C) about 8%.
D) about 12%.
E) negative.

Question

Quizplus · Accepted Answer

From 1960 until 2012, the long-run average rate of inflation in the United States was about 4%. This information can be found through historical data and analysis of the Consumer Price Index (CPI).

From 1960 Until 2012,the Long-Run Average Rate of Inflation in the United