One of the Consequences of Inflation Between 1950 and the 1970s

question 70

Multiple Choice

One of the consequences of inflation between 1950 and the 1970s was ________.

• A)a large increase in the federal deficit as a percentage of GDP
• B)a relaxation of the government budget constraint
• C)an increase in the dependency ratio
• D)a reduction in the ratio of debt to GDP

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Definitions:

Propinquity

The physical or psychological proximity between people, often leading to friendship or other relationships due to the increased likelihood of interaction.

Homogamy

The tendency to choose romantic partners who are similar to us in terms of class, race, education, religion, and other social group membership.

Internet

A global network of computers and servers that supports a vast range of information sharing and communication services, including the World Wide Web.

Unwed Individuals

People who are not legally married or part of a matrimonial union.