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    Principles of Economics Study Set 12
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    Exam 2: Observing and Explaining the Economy
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    "Inflation Is Currently 2 Percent in the United States
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"Inflation Is Currently 2 Percent in the United States

Question 40

Question 40

Multiple Choice

"Inflation is currently 2 percent in the United States." This statement is an example of


A) a positive statement.
B) a normative statement.
C) the fallacy of composition.
D) macroeconomics.
E) microeconomics.

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