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    Principles of Macroeconomics
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    Exam 11: Money Growth and Inflation
  5. Question
    Over the Past 70 Years, What Was the Approximate Average
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Over the Past 70 Years, What Was the Approximate Average

Question 180

Question 180

Multiple Choice

Over the past 70 years, what was the approximate average annual inflation rate?


A) 1 percent
B) 4 percent
C) 8 percent
D) 10 percent

Correct Answer:

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