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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