During the Period from 1978-2012, the Difference Between Annual Inflation

question 60

Multiple Choice

During the period from 1978-2012, the difference between annual inflation rates of EU countries and the German inflation rate

• A) grew at an accelerating rate.
• B) remained fairly constant.
• C) largely disappeared.
• D) went through periods of hyperinflation.
• E) trended upward at a declining rate.

---

Definitions:

Pencil Sharpeners

Devices used to sharpen pencils by shaving away their worn surfaces.

Total Surplus

The combined benefit to all parties involved in a transaction, equal to the sum of consumer and producer surplus.

Dishwashers

Machines for cleaning dishes and utensils automatically.