Which of the Following Statements Concerning the History of U

question 319

Multiple Choice

Which of the following statements concerning the history of U.S. inflation is not correct?

• A)Prices rose at an average annual rate of about 4 percent over the last 70 years.
• B)There was about a 16-fold increase in the price level over the last 70 years.
• C)Inflation in the 1970s was below the average over the last 70 years.
• D)The United States has experienced periods of deflation.

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Definitions:

Unconscious Level

Mental processes that occur without conscious awareness or control.

Conscious Level

The degree of awareness an individual has about their surroundings, thoughts, feelings, and sensations at any given time.

Preconscious Level

Part of the mind that contains thoughts and feelings not currently in consciousness but can be readily brought to consciousness.

Problematic Emotional Reactions

Emotional responses that are excessive or inappropriate to situations, often leading to difficulties in functioning.