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Megan Ghelfi
on Oct 13, 2024

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The 1990s could best be described as a period of

A) stagflation.
B) inflation.
C) disinflation.
D) deflation.

Stagflation

A situation in an economy where there is slow economic growth, high unemployment, and rising prices simultaneously.

Inflation

The escalation rate of average prices for goods and services, which deteriorates buying power.

Disinflation

A decrease in the rate of inflation, indicating a slowdown in the rate at which prices increase.

  • Familiarize yourself with the progression of consumer behavior and economic indicators over assorted spans.
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Carter CorbettOct 15, 2024
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