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    Principles of Economics Study Set 8
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    Exam 30: Money Growth and Inflation
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    If the Price Level Increased from 115 to 133, Then
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If the Price Level Increased from 115 to 133, Then

Question 193

Question 193

Multiple Choice

If the price level increased from 115 to 133, then what was the inflation rate?


A) 1.2 percent
B) 0.9 percent
C) 15.7 percent
D) 18.0 percent

Correct Answer:

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