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    Macroeconomics Study Set 40
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    Exam 5: Monitoring Jobs and Inflation
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    If This Year the Price Level Is 135 and Last
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If This Year the Price Level Is 135 and Last

Question 124

Question 124

Multiple Choice

If this year the price level is 135 and last year it was 125, the inflation rate is


A) 10 percent.
B) 12 percent.
C) 8 percent.
D) none of the above

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