Over the Past 40 Years, Which of the Following Has

question 289

Multiple Choice

Over the past 40 years, which of the following has the U.S. economy experienced?

• A) persistent deflation
• B) stable prices and so zero inflation rate
• C) persistent inflation
• D) secular deflation

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Definitions:

Meaningful Patterns

Recognizable arrangements or sequences that have significance or give insight into a particular phenomenon or data set.

Crowdsourcing

Involves obtaining ideas, services, or content by soliciting contributions from a large group of people, especially from an online community.

Automobile Business

The automobile business encompasses all aspects of the design, manufacture, marketing, and sale of motor vehicles, including cars, trucks, and motorcycles, playing a critical role in global economic and industrial development.

Crowdsourcing

The method of gathering data, suggestions, or contributions for a project or task by recruiting the help of many individuals, commonly through the internet.