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    Principles of Macroeconomics Study Set 16
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    As the Prices of Goods and Services Increase, the Value
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As the Prices of Goods and Services Increase, the Value

Question 20

Question 20

Multiple Choice

As the prices of goods and services increase, the value of money


A) stays the same.
B) increases.
C) decreases.
D) increases initially and then decreases.
E) decreases initially and then increases.

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