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    Macroeconomics Principles Study Set 1
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    Exam 6: Measuring Inflation and Unemployment
  5. Question
    Arlina Got a 5% Raise While the Rate of Inflation
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Arlina Got a 5% Raise While the Rate of Inflation

Question 121

Question 121

Multiple Choice

Arlina got a 5% raise while the rate of inflation was 6%. Arlina's standard of living


A) fell by 1%.
B) fell by 3%.
C) rose by 1%.
D) rose by 2%.

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