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

question 99

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 Viet Nam war
• C)High oil prices
• D)All of the answers given are correct

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Definitions:

Lipase

An enzyme that catalyzes the hydrolysis of fats (lipids).

Muscular Tube

Refers to any tube-like structure in the body that consists of smooth or skeletal muscle, such as the esophagus or intestines.

Esophagus

Tubular organ that connects the pharynx to the stomach.

Throat

Part of the neck in front of the spinal column that contains the pharynx and larynx, allowing for passage of food to the esophagus and air to the lungs.