Multiple Choice
The inflation rate can be measured as
A) the change in the average price level from one year to the next.
B) the change in the implicit price deflator from one year to the next.
C) the annual percentage change in the implicit price deflator from one year to the next.
D) the change in the consumer price index from one year to the next.
Correct Answer:
Verified
Correct Answer:
Verified
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