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    Principles of Economics Study Set 11
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    Exam 21: The Price Level and Inflation
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    It Is Rare When Prices Fall in Modern Times
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It Is Rare When Prices Fall in Modern Times

Question 30

Question 30

Multiple Choice

It is rare when prices fall in modern times.However,it is likely that they would fall during severe recessions.In what year is this most likely to have occurred?


A) 2005
B) 2009
C) 2011
D) 2012
E) 2003

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