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    Principles of Economics Study Set 1
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    Exam 18: Measuring the Price Level and Inflation
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    A Measure of Overall Prices at a Particular Point in Time
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A Measure of Overall Prices at a Particular Point in Time

Question 102

Question 102

Multiple Choice

A measure of overall prices at a particular point in time is called:


A) a relative price.
B) the price level.
C) a real price.
D) inflation.

Correct Answer:

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