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  3. Study Set
    Principles of Economics Study Set 8
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    Exam 30: Money Growth and Inflation
  5. Question
    If P Represents the Price of Goods and Services Measured
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If P Represents the Price of Goods and Services Measured

Question 104

Question 104

True/False

If P represents the price of goods and services measured in money, then 1/P is the value of money measured in terms of goods and services.

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