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What happened to inflation during the 1982 economic boom? It increased at a high rate. It returned to normal levels. It was limited by consumers. It was regulated by businesses.
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32 votes
32 votes
What happened to inflation during the 1982 economic boom?

It increased at a high rate.
It returned to normal levels.
It was limited by consumers.
It was regulated by businesses.

User Ramon Medeiros
by
2.5k points

2 Answers

15 votes
15 votes

Answer: It increased at a HIGH rate.

Step-by-step explanation:

Inflation fell below 10% by the turn of 1982, having peaked at 22% in 1980, and by spring 1983, it had fallen to a 15-year low of 4%. Strikes were also at their lowest level since the early 1950s, and wage growth rose to 3.8% by 1983. (I know it's kinda confusing, but at least you got the answer)

User Dylan Lacey
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3.1k points
15 votes
15 votes

Answer:

B

Step-by-step explanation:

User Burger
by
3.2k points
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