Over the Last 80 Years,the Average Annual U

question 21

Multiple Choice

Over the last 80 years,the average annual U.S.inflation rate was about

• A)3.6 percent,implying that prices have increased 16-fold.
• B)4 percent,implying that prices have increased 17-fold.
• C)4 percent,implying that prices have increased 16-fold.
• D)3.6 percent,implying that prices increased about 17-fold.

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