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    Principles of Macroeconomics
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    Exam 6: Measuring the Cost of Living
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    When the Overall Level of Prices in the Economy Is
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When the Overall Level of Prices in the Economy Is

Question 11

Question 11

Multiple Choice

When the overall level of prices in the economy is increasing, what is the economy experiencing?


A) economic growth
B) inflation
C) unemployment
D) deflation

Correct Answer:

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