Which Statement Best Describes the Evolution of Inflation in Canada

question 48

Multiple Choice

Which statement best describes the evolution of inflation in Canada?

• A) It has been relatively constant over the past 70 years.
• B) The inflation rate was constant at 7 percent annually for most of the twentieth century.
• C) During the 1990s,prices rose at an average rate of 2 percent per year.
• D) During the 1970s,there was deflation.

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Definitions:

Total Number

The entirety count of items or individuals within a specified set or group.

Possible Agreements

Potential understandings or contracts that could be reached between parties, often speculative until finalized.

Two Raters

Involves the assessment or evaluation of a subject by two independent judges or observers to measure reliability or agreement.

Content Validity

The extent to which a test measures all aspects of the concept it intends to measure.