
Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800
Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800 Exercise 1
Circle the letter that corresponds to the best answer.
If the CPI rose from 160.5 in 1998 to 168.7 in 1999 to 173.4 in 2000, this would be an example of ___.
A) deflation
B) disinflation
C) inflation
If the CPI rose from 160.5 in 1998 to 168.7 in 1999 to 173.4 in 2000, this would be an example of ___.
A) deflation
B) disinflation
C) inflation
Explanation
Inflation- it is defined as the rise in ...
Economics 11th Edition by Stephen Slavin
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