A Graph of the Rate of Inflation in the United

question 62

Multiple Choice

A graph of the rate of inflation in the United States over the twentieth century shows:

• A) an overall upward trend interrupted by a large downturn in the 1930s.
• B) some periods of deflation in the first half of the century, but only positive rates of inflation in the second half of the century.
• C) a relatively steady, positive level throughout the century except for deflation in the 1930s.
• D) a constant rate of inflation in the first half of the century followed by an upward trend in the second half.

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Definitions:

Expected Rate

An anticipated return on investment, interest rate, or growth rate based on historical data, market analysis, or other predictive models.

Probability

This refers to the likelihood of occurrence of an uncertain event, often expressed as a number between 0 and 1.

Narrowest Bell Curve

Describes a distribution with a high peak and steep sides, indicating that the data points cluster closely around the mean, showing low variability.

Large-company Stocks

Equities issued by corporations with a large market capitalization, often considered more stable investments than those of smaller companies.