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    Exam 10: Measuring Macroeconomic Variables and Policy Issues
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    If the Value of the Price Index Was 120 in 2009
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If the Value of the Price Index Was 120 in 2009

Question 97

Question 97

Multiple Choice

If the value of the price index was 120 in 2009 and 150 in 2010, then what was the inflation rate in 2010?


A) 30%
B) 25%
C) 20%
D) 10%

Correct Answer:

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