Using Figure 7.4, expected inflation was

A. The same in 1970 and 1995.
B. Greater in 1970 than in 1995.
C. Greater during the period from 1970 to 1975 than it was during the period from 1980 to 1985.
D. Greater during the period from 1980 to 1985 than it was during the period from 1970 to 1975.

Answer: D

Economics

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