Which of the Following Is the Most Accurate Statement

question 59

Multiple Choice

Which of the following is the most accurate statement?

• A)In the 1970s,the late 1980s,1990s,and 2000s,the GDP deflator and the CPI both showed high rates of inflation.
• B)In the 1970s,both the GDP deflator and the consumer price index showed high rates of inflation,and in the late 1980s,1990s,and 2000s,both measures showed low rates of inflation.
• C)In the 1970s,both the GDP deflator and the consumer price index showed low rates of inflation,and in the late 1980s,1990s,and 2000s,both measures showed high rates of inflation.
• D)In the 1970s,the late 1980s,1990s,and 2000s,the GDP deflator and the CPI both showed low rates of inflation.

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