In the U.S. economy, the inflation rate in 1975 peaked at ________ percent.
A) 9.2
B) 11.1
C) 14.2
D) 22.4

Name: In the U.S. economy, the inflation rate in 1975 peaked at ________ percent. A) 9.2 B) 11.1 C) 14.2 D) 22.4
Brand: Quizplus
Rating: 4.7 (40 reviews)

Question

Quizplus · Accepted Answer

In 1975, the inflation rate in the U.S. economy peaked at 11.1 percent. This was a period of significant economic challenge, characterized by stagflation, a situation where the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high.

In the US Economy, the Inflation Rate in 1975 Peaked at ________