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    Modern Principles Macroeconomics
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    Exam 13: Business Fluctuations
  5. Question
    If Spending Growth Is 3% and Real GDP Growth Is
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If Spending Growth Is 3% and Real GDP Growth Is

Question 106

Question 106

Multiple Choice

If spending growth is 3% and real GDP growth is 2%,what is the inflation rate?


A) 3%
B) 5%
C) 1%
D) 2%

Correct Answer:

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