In the late 1970s, the United States was experiencing levels of inflation usually found in 3rd world nations. How was this inflation tamed in the early 1980s?

Answers

Answer 1

Answer:

Explanation:

Diagram A below shows the level of prices in the Consumer Price Index, or CPI, stretching back to 1913. In this diagram, the base years—when the CPI is defined as 100—are set for the average level of prices that existed from 1982 to 1984. Diagram B below shows the annual percentage changes in the CPI over time, which is the inflation rate.

Graph A shows the trends in the US price level from the year 1916 to 2014. In 1916, the graph starts out close to $10, rises to around $20 in 1920, stays around $16 or $17 until 1931, then jumps to around $15. It gradually increases, with periodic dips, until 2014, when it is around $236. Graph B shows the trends in US inflation rates from the year 1916 to 2014. In 1916, the graph starts out at 7.7%, jumps to close to 18% in 1917, drops drastically to close to –11% in 1921, then goes up and down periodically until settling to around 1.5% in 2014.

Graph A shows the trends in the US price level from the year 1916 to 2014. In 1916, the graph starts out close to 10, rises to around10,risestoaround10, comma, r, i, s, e, s, t, o, a, r, o, u, n, d20 in 1920, stays around 16 or16or16, o, r17 until 1931, then jumps to around 15. It gradually increases, with periodic dips, until 2014, when it is around15.Itgraduallyincreases,withperiodicdips,until2014,whenitisaround15, point. Graph B shows the trends in US inflation rates from the year 1916 to 2014. In 1916, the graph starts out at 7.7%, jumps to close to 18% in 1917, drops drastically to close to –11% in 1921, then goes up and down periodically until settling to around 1.5% in 2014.

Let's take a closer look at diagram B. The first two waves of inflation are easy to characterize in historical terms: they are right after World War I and World War II. However, there are also two periods of severe negative inflation—called deflation—in the early decades of the 20th century. One of these periods followed the deep recession of 1920–21 and the other was during the Great Depression of the 1930s.

Since inflation is a time when the buying power of money in terms of goods and services is reduced, deflation is a time when the buying power of money in terms of goods and services increases. For the period from 1900 to about 1960, the major inflations and deflations nearly balanced each other out, so average annual rate of inflation over these years was only about 1% per year. A third wave of more severe inflation arrived in the 1970s and departed in the early 1980s.

Times of recession or depression often seem to be times when the inflation rate is lower, as in the recession of 1920–1921, the Great Depression, the recession of 1980–1982, and the Great Recession in 2008–2009. There were a few months in 2009 that were deflationary, but not at an annual rate.

Recessions are typically accompanied by higher levels of unemployment, and the total demand for goods falls, pulling the price level down. Conversely, the rate of inflation often—but not always—seems to start moving up when the economy is growing very strongly, for example immediately after wartime.


Related Questions

What group benefited from the National Assembly the rights of man?

Answers

Answer:

National Assembly

Explanation:

Lisa's soccer game started at 1:15pm.If her game lasted for 1 hour and 35 minutes , what time did her soccer game end ?
A.1:15pm
B.2:50pm
C.1:45pm
D.2:15pm

Answers

The answer would be b 250 because 60min in one hour would make it 2:15 then u put the 35 min making it 2:50

Hope it helped if u can mark me as brainliest it would help thx
answer B.2:50pm because and hour and 35 mins after 1:15 is 2:50

What was the most important factor that allowed the Minoans to become a great seagoing power?

1. They had many natural harbors.

2. They had shipbuilding expertise.

3. They had the resources to build many ships.

4. They had many allies in the region for support.

Answers

Answer: The most important factor that allowed the Minoans to become a great seagoing power. They had many neutral harbors.

Explanation: Give me the brainiest

Which empire, Mauryan or Gupta, had a more significant impact on Indian history? Explain.

Answers

Answer:

The Mauryan Empire had a more significant impact because it was the empire that politically unified north India for the first time. An empire was born. ... The Gupta Empire had a more significant impact because of the advancement of society and the great achievements in the arts, religious thought and science.

here your answer mate

have a grt day

please mark as brainliest

many american settlers agreed to move to texas in the 1820s because

Answers

the Mexican government offered large tracts of free land to them

Which of the following was NOT part of FDR's strategy for banking?
O Instituted federal oversight over banking
O Tax incentives to commercial banks to encourage new investing
O Insurance on personal bank deposits
O None of these selections
ts
O Took the country off the gold standard

Answers

Answer:

Tax incentives to commercial banks encourage new Investigating .Hope this helps you

What is the purpose of "For the Equal Rights Amendment”?

Answers

Answer:

What is the Equal Rights Amendment? The Equal Rights Amendment states: "Equal rights before the law may not be denied or restricted by the United States or by any state on the basis of sex.

Explanation:

me vale el fake i'm mexican ...

Which of the following was a major difference between the 1st and 2nd industrial revolutions?
A Steel production dominated the economies development.
B The government remained hands off.
The government incentivized business to start up.
D Workers were paid poor wages.

Answers

Answer:

B

Explanation:

Under the _________, Andrew Jackson replaced nearly all executive appointees during his term in office.

Answers

Answer:

presidency?

Explanation:

describe California’s agriculture in the 1930s

Answers

Answer

California grew fruits, vegetables,  and dairy products.  

What year was Joseph Stalin born?

Answers

He was born December 18, 1878

Write paragraph explaining immigration in the United States and the process to citizenship. Using these words green card, visa ,deportation, undocumented, asylum,immigration services

Answers

Answer:U.S. immigration law is based on the following principles: the reunification of families, admitting immigrants with skills that are valuable to the U.S. economy, protecting refugees, and promoting diversity. This fact sheet provides basic information about how the U.S. legal immigration system is designed and functions.

The body of law governing U.S. immigration policy is called the Immigration and Nationality Act (INA). The INA allows the United States to grant up to 675,000 permanent immigrant visas each year across various visa categories. On top of those 675,000 visas, the INA sets no limit on the annual admission of U.S. citizens’ spouses, parents, and children under the age of 21. In addition, each year the president is required to consult with Congress and set an annual number of refugees to be admitted to the United States through the U.S. Refugee Admissions Program.

Once a person obtains an immigrant visa and comes to the United States, they become a lawful permanent resident (LPR). In some circumstances, noncitizens already inside the United States can obtain LPR status through a process known as “adjustment of status.”

LPRs are eligible to apply for nearly all jobs (i.e., jobs not legitimately restricted to U.S. citizens) and can remain in the country permanently, even if they are unemployed. After residing in the United States for five years (or three years in some circumstances), LPRs are eligible to apply for U.S. citizenship. It is impossible to apply for citizenship through the normal process without first becoming an LPR.

Each year the United States also admits a variety of noncitizens on a temporary basis. Such “non-immigrant” visas are granted to everyone from tourists to foreign students to temporary workers permitted to remain in the country for years. While certain employment-based visas are subject to annual caps, other non-immigrant visas (including tourist and student visas) have no numerical limits.

Explanation:

how did the ideas of romanticism contrast with enlightenment ideas?

Answers

They turned from reason to emotion and society to nature.

What is |-2.24|?

A.
-224
B.
-2.24
C.
2.24
D.
224

Answers

2.24, absolute value is distance from 0. So -2.24 is 2.24 units away from zero.

Answer:

A.-224

Explanation:

i hope it helps you

What effect did removing Saddam Hussein from power in Iraq have on the country?

Answers

Answer:

Explanation:

the trial of Saddam Hussein took place under the Iraqi Interim Government.

Why did the Pope send Catholics on the Crusades?

Answers

He sent Catholics on Crusades to spread the Catholic religion

did the conflict among the major European imperial powers led to territorial expansion of the newly formed U.S

Answers

yes it did people wanted more land because they wanted more power and wanted too conquer and be successful.

The Nuremberg Laws stated all Jewish citizens
in Germany had to wear what?
A. A German flag.
B. A yellow star of David.
C. A black hat.

Answers

Answer: I think the answer is A- A German Flag!!

Explanation:

The answer is B.A yellow star of David

What best describes Hitler's beliefs as expressed in Mein Kampf?
A. Revolution was needed to create a classless society.
B. Germans were part of a "master race."
C. Germany could control the world with the help of the Japanese.
D. All races could live peacefully
under German domination.

Answers

Answer:

It is letter A

Explanation:

Hitler's beliefs reflected on a classless society which led led to communism. All communism leaders have one thing in common having a classless society and being completely equal under their own rule. (This also can be controlling as Jews were being killed)

Under whose region did the Gupta empire reach its greatest size?

Answers

Answer: Chandra Gupta II

Explanation:

21. Which of these eras brought about the end of the European economic practice of mercantilism?
A.) Scientific Revolution
B.) Protestant Reformation
C.) Colonial Era
D.) Industrial Revolution

Answers

Answer:

21. Which of these eras brought about the end of the European economic practice of mercantilism?

A.) Scientific Revolution

B.) Protestant Reformation

C.) Colonial Era

D.) Industrial Revolution

D.) Industrial Revolution

2. Alexander Hamilton, John Jay and James Madison tried to argue through the Federalist
Papers that (1 point)
O
The anti-federalists had the best ideas for more states rights and smaller
government.
Ratifying the Constitution without a Bill of Rights would have disastrous
consequences for America.
O A small government with a weak leader would best control factions.
In order to control factions, there should be a large, powerful government with
checks and balances.

Answers

90% of people marry there 7th grade love. Since u have read this, u will be told good news tonight. If u don't pass this on nine comments your worst week starts now this isn't fake. Apparently if u copy and paste this on ten comments in the next ten minutes you will have the best day of your life tomorrow. You will either get kissed or asked out in the next 53 minutes someone will say i love u this is irrelevent but idrc lol

Which of these sentences is an opinion disguised as a fact? A 2014 New York Times editorial reported that approximately 30,000 to 35,000 African elephants were killed each year B.In 1999, in response to pressure from business interests that we’re losing money because of the ban on the ivory trade, CITES allowed limited trade in stockpiled tusks. C Only a complete ban of the ivory trade can save the African elephant from extinction. D. Ivory that already had been harvested from elephants could once again be bought and sold.

Answers

The sentence which is an opinion disguised as a fact is only a complete ban on the ivory trade can save the African elephant from extinction. The correct option is c.

What is the ivory trade?

The ivory trade is the commercial, often illegal trade in the ivory tusks of the hippopotamus, walrus, narwhal, mammoth, and most commonly, African and Asian elephants. Ivory has been traded for hundreds of years by people in Africa and Asia, resulting in restrictions and bans.

Ivory was formerly used to make piano keys and other decorative items because of the white colour it presents when processed but the piano industry abandoned ivory as a key covering material in the 1980s in favour of other materials such as plastic. Also, synthetic ivory has been developed which can be used as an alternative material for making piano keys.

Elephant ivory has been exported from Africa and Asia for millennia with records going back to the 14th century BCE.

Learn more about ivory, here:

https://brainly.com/question/17899742

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1. Why did the War of 1812 end disappointingly for both the U.S. and Great Britain? Name
one specific goal the U.S. failed to achieve and one goal the British failed to achieve.
Type your response here:

Answers

Explanation:

In June 1812, the United States declared war against Great Britain in reaction to three issues: the British economic blockade of France, the induction of thousands of neutral American seamen into the British Royal Navy against their will, and the British support of Native American tribes along the Great Lakes frontier.

HOPE THAT HELP MARK ME BRINILYLIST

what type of pandemic hit during the war in (1918- 1919).

a,AIDS
b,FLU
c, PLAGUE
d,none of these

Answers

Answer:

b. FLU

Explanation:

it was a tragic pandemic, but yes it did happen in 1918-1919. the plague happened in 1346-1352. Aids were in 1981. so there for making influenza the correct one.

B flu more specificity the Spanish flu even though it wasn’t in Spain it killed 100M people and it’s the 2nd deadliest disease in history killing more then ww1 and ww2 combined also it ended in 1920

The Tuskegee Airmen participated in the Freeman Field Mutiny. What is this an example of?

A.
isolationism
B.
civil disobedience
C.
genocide
D.
island-hopping

Answers

Answer:

civil disobedience

Explanation:

edmentum

Answer:

civil disobedience

Explanation:

just took the test

Question 5 (Fill-In-The-Blank Worth 2 points)
(03.05 LC)

The number that represents a neutral pH is _______.

Numerical Answers Expected!

Answer for Blank 1:

Question 6(Multiple Choice Worth 2 points)
(03.05 MC)

Which item is made from an acidic ingredient?

Detergent
Soap
Ammonia
Vinegar
Question 7(Multiple Choice Worth 2 points)
(03.05 MC)

Which substances will make a salt when combined?

Vinegar and tea
Soda and wine
Soda and ammonia
Fertilizer and detergent
Question 8(Multiple Choice Worth 2 points)
(03.05 MC)

Which description is not a property of an acid?

pH lower than 7
Turns litmus paper blue
Sour taste
Corrosive
Question 9(Multiple Choice Worth 2 points)
(03.05 MC)

Complete the sentence. When an acid is added to water, hydrogen ions __________.

increase
decrease
stay the same
disappear

ill give 100 points this time

Answers

5. 7 represents a neutral pH

6. vinegar

7. soda and wine

8. turns litmus paper blue

9. increase

What is not a reason why nations along the equator are more affected my diseases?

Answers

Population density is not a reason that hotter and more humid communities would be more at risk for disease in the base of this question

The number 0.00243 has how many significant digits?

Answers

Answer: this number has a sig digits of 3 because of the 3 zeros

Absolute and limited monarch...Will mark brainiest if answered correctly.. fake answers will be reported


1) I need evidence to show whether each was an absolute monarch, limited monarch, or both (can be in bullet points).

2) Then I need to put them in order on a line from limited monarchy to absolute monarchy with at least on sentence that explains there placement.

Answers

Answer:

Explanation:

1) I need evidence to show whether each was an absolute monarch, limited monarch, or both (can be in bullet points).

2) Then I need to put them in order on a line from limited monarchy to absolute monarchy with at least on sentence that explains there placement.

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