Multiple Choice
A one-time rise in the price level is:
A) inflation if that rise is above 5 percent.
B) inflation if that rise is above 10 percent.
C) inflation if that rise is above 15 percent.
D) not inflation.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q192: To compute GDP, you must add up
Q193: Aggregate accounting enables us to measure and
Q194: Your economics professor asked you to use
Q195: If there are only two goods in
Q196: Which of the following transactions is considered
Q198: If measurement errors did not exist, real
Q199: Real GDP can be used to accurately
Q200: If nominal GDP increased from $4 billion
Q201: Define real and nominal GDP and explain
Q202: The $400 dividend check a stockholder receives