The low rate of inflation in the 1990s is probably due to Multiple Choice the fact that businesses have become meaner and leaner. the advent of E-commerce that increased competition and drove prices down. the flood of imported goods that increased competition with American- made goods. All of these are true. the rise of discount stores that minimize distribution costs, thereby holding prices down.
The low rate of inflation in the 1990s is probably due to Multiple Choice the fact that businesses have become meaner and leaner. the advent of E-commerce that increased competition and drove prices down. the flood of imported goods that increased competition with American- made goods. All of these are true. the rise of discount stores that minimize distribution costs, thereby holding prices down.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![The low rate of inflation in the 1990s is
probably due to
Multiple Choice
the fact that businesses have become
meaner and leaner.
the advent of E-commerce that increased
competition and drove prices down.
the flood of imported goods that
increased competition with American-
made goods.
All of these are true.
the rise of discount stores that minimize
distribution costs, thereby holding prices
down.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd52a6a79-dd06-4c93-80d2-a39d080cb797%2F75bb9d2e-853a-4148-ad2c-827132173ba0%2Fjjwu9p4_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The low rate of inflation in the 1990s is
probably due to
Multiple Choice
the fact that businesses have become
meaner and leaner.
the advent of E-commerce that increased
competition and drove prices down.
the flood of imported goods that
increased competition with American-
made goods.
All of these are true.
the rise of discount stores that minimize
distribution costs, thereby holding prices
down.
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