During the Great Recession, inflation was relatively stable because energy and other commodity prices were stable.

Question

Quizplus · Accepted Answer

During the Great Recession, inflation was low but not necessarily stable. The decline in demand for goods and services led to a decrease in prices in some sectors while other factors, such as changes in exchange rates and fiscal policies, had an impact on inflation. Additionally, energy and commodity prices were not entirely stable during this period.

During the Great Recession, Inflation Was Relatively Stable Because Energy