Assume Today Is December 31,2012

question 42

Multiple Choice

Assume today is December 31,2012.Approximately how long has it been since the annual rate of inflation as measured by the Consumer Price Index has been negative?

• A)Less than 10 years
• B)Between 10 and 30 years
• C)Between 30 and 50 years
• D)Between 50 and 70 years
• E)Over 70 years

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Definitions:

Radical Left

Political movement that advocates for drastic changes to the social, economic, or political order, often focusing on ideas of socialism, communism, or anarchism.

Fascism

An extreme right-wing ideology that promotes authoritarian nationalism with a focus on dictatorial leadership, the aggressive silencing of any opposition, and strict control over society and the economy.

National Consumers' League

An American organization founded in 1899, focused on promoting better working conditions, fair labor practices, and consumer rights.

Buying Power

The ability of individuals or entities to purchase goods and services, often influenced by income levels, inflation rates, and economic conditions.