During a certain 3 year period, the consumer price index (CPI) increased by 20%, but during the next three-year period, it only increased by 5%. Which of these conditions must have existed during the second three year period?

A. Recession

B. Deflation

C. Inflation

D. Depression

Question

Morris

29 January, 17:44

+1

Answers (1)

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Winston Curry · Answer 1

Winston Curry 29 January, 19:37

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My answer was inflation

During a certain 3 year period, the consumer price index (CPI) increased by 20%, but during the next three-year period, it only increased by 5%. Which of these conditions must have existed during the second three year period?A. RecessionB. DeflationC. InflationD. Depression