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.

Respuesta :

Answer: it was limited by consumers

The inflation during 1982 returned to a normal level rate. So, option (c) is the correct choice.

When the economy was booming in 1982, what happened to inflation?

Inflation had fallen below 10% by the turn of 1982, after peaking at 22% in 1980, and by spring 1983, it had dropped to a 15-year low of 4%.

Strikes were also at an all-time low, having peaked in the early 1950s, and pay growth had accelerated to 3.8 percent by 1983.

For more information about the 1982 economic bloom, refer below

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