As Far as Demand-Pull Inflation Goes, the United States

question 151

Multiple Choice

As far as demand-pull inflation goes, the United States

• A) has never experienced this type of inflation.
• B) experienced this type of inflation during the 1990s.
• C) experienced this type of inflation during the 1960s.
• D) experienced this type of inflation during the 1950s.

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Definitions:

Bushels

A unit of volume that is commonly used in agriculture, especially for measuring grains.

Interest Rates

The proportion of a loan or savings amount that is charged as interest to the borrower, typically expressed as an annual percentage.

Put Option

A monetary contract enabling the holder the choice, though not the requirement, to sell an established amount of a base asset at a predetermined rate within a set timeframe.

Hedge

An investment made to reduce the risk of adverse price movements in a security, often by taking an offsetting position in a related security.