Asked by
Megan Ghelfi
on Oct 13, 2024Verified
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.
Verified Answer
CC
Learning Objectives
- Familiarize yourself with the progression of consumer behavior and economic indicators over assorted spans.
Related questions
The Country That Has Recently Been Suffering from Deflation Is ...
Between 1990 and 2009,the Percentage of General Merchandise Purchased in ...
Which of the Following Statement Is False About the First ...
Our Cost of Living in 2009 Was About _________ as ...
Currency Fluctuations Can Provide Marketing Opportunities Whether a Currency Is ...