Which of the following has not occurred in the U.S. in the last 50 years? inflation recession disinflation hyperinflation stagflation
Understand the Problem
The question is asking to identify which economic condition has not taken place in the U.S. over the past 50 years, specifically among the options of inflation, recession, disinflation, hyperinflation, and stagflation.
Answer
Hyperinflation
The final answer is hyperinflation.
Answer for screen readers
The final answer is hyperinflation.
More Information
Hyperinflation is an extremely high and typically accelerating inflation, often exceeding 50% per month. While the U.S. has experienced inflation, recession, disinflation, and stagflation in the last 50 years, it has not experienced hyperinflation.
Tips
A common mistake is confusing high inflation with hyperinflation. Hyperinflation is a far more severe and rapid increase in prices.
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