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    Macroeconomics Study Set 43
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    Exam 14: B: Money, Banking, and Money Creation
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    If the Price Index Rises from 100 to 120, the Value
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If the Price Index Rises from 100 to 120, the Value

Question 24

Question 24

Multiple Choice

If the price index rises from 100 to 120, the value of the dollar:


A) may either rise or fall.
B) will rise by 16.67 percent.
C) will fall by 16.67 percent.
D) will rise by 20 percent.

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