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Of the Following Sequences of Price Levels, Which CORRECTLY Represents

Question 316

Multiple Choice

Of the following sequences of price levels, which CORRECTLY represents a 5 percent inflation rate?

A) 100, 100, 100, 100
B) 100, 105, 105, 105
C) 100, 105, 110, 115
D) 100, 105, 110.25, 115.76

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