The High Rates of Inflation That Were Experienced in the 1970s

question 102

Multiple Choice

The high rates of inflation that were experienced in the 1970s could partly be blamed on:

• A)the assumption the economy would continue to grow at the rates that the economy experienced in the 1960s.
• B)the Vietnam war.
• C)high oil prices.
• D)all of the answers given are correct.

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Definitions:

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A unit of measure that represents one hundredth of a whole, frequently used to describe proportions or comparisons.

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