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If We Look at Inflation as Measured by the GDP

Question 42

Multiple Choice

If we look at inflation as measured by the GDP deflator from 1947 to 2012, we see that


A) inflation was much higher in 1951 than in 1981
B) inflation was at its highest in 1975
C) inflation was at its lowest in 1991
D) all of the above
E) none of the above

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