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  3. Study Set
    Macroeconomics Study Set 41
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    Exam 5: Monitoring Jobs and Inflation
  5. Question
    Last Yearʹs Price Level Was 120 and Since Then There
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Last Yearʹs Price Level Was 120 and Since Then There

Question 93

Question 93

Multiple Choice

Last yearʹs price level was 120 and since then there has been a 5 percent inflation. This yearʹs price level is


A) 130.
B) 125.
C) 126.
D) none of the above

Correct Answer:

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