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Between 1980 and 2000, the Price Level Approximately Doubled

Question 211

Multiple Choice

Between 1980 and 2000, the price level approximately doubled.The average annual rate of inflation over this 20-year period was about

A) 5.5 percent.
B) 4.7 percent.
C) 3.5 percent.
D) 2.8 percent.

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