What was the peak inflation rate during the Great Inflation period?
147 The Great Inflation - One Minute History

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History, Business
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11th Grade - University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5%
10%
15%
20%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which US President halted the exchange of the dollar for gold in 1971?
President Ford
President Nixon
President Reagan
President Carter
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the impact of the 1973 oil embargo on oil prices?
Prices remained stable
Prices surged significantly
Prices decreased
Prices increased slightly
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What economic condition is characterized by high inflation and high unemployment?
Stagflation
Deflation
Hyperinflation
Recession
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of the consequences of the Great Inflation on the stock market?
The stock market increased by 10%
The stock market lost half of its value
The stock market remained unchanged
The stock market doubled in value
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