The data below show data for Germany including real GDP (in billions of euros) and the price level.
In which of the following year(s) did Germany experience inflation?
Definitions:
Geographic Area
A specific location or region defined by natural or artificial boundaries.
Bid-rigging
A form of fraud in which a commercial contract is promised to one party even though for the sake of appearance several other parties also present a bid.
Collusion
A secret agreement or cooperation between parties for a deceitful or fraudulent purpose, especially to cheat or deceive others.
Restrictive Trade Practice
Business practices that limit competition or control prices, often viewed negatively and regulated by law.
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