Which of the Following Is Correct

question 201

Multiple Choice

Which of the following is correct?

• A)A period of hyperinflation is a period of extraordinarily low inflation.
• B)A period of deflation is any period during which the inflation rate is decreasing.
• C)During the 1990s, U.S. inflation averaged about 2 percent per year.
• D)All of the above are correct.

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Definitions:

Continuous Random

Pertains to a random variable that can take an infinite number of possible values in a continuous range.

Value In Interval

Refers to a number or a measurement lying within a specific range defined by a lower and upper boundary.

Concept

A mental grouping of similar objects, events, ideas, or people.

Automobile

A wheeled motor vehicle used for transportation, typically powered by an internal combustion engine or electric motor.