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    Modern Principles Macroeconomics
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    Exam 12: Inflation and the Quantity Theory of Money
  5. Question
    The Basket of Goods Bought by the Average Consumer
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The Basket of Goods Bought by the Average Consumer

Question 7

Question 7

Multiple Choice

The basket of goods bought by the average consumer:


A) stays about the same throughout time.
B) is changing all the time.
C) uniformly falls in price.
D) uniformly rises in price.

Correct Answer:

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