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Refer to the Given Information About a Hypothetical Economy

Question 11

Multiple Choice

 Full-time Employed 80 Part-time Employed 25 Unemployed 15 Discouraged Workers 5 Members of Underground Economy 6 Consumer Price Index 110\begin{array} { | l | r | } \hline \text { Full-time Employed } & 80 \\\hline \text { Part-time Employed } & 25 \\\hline \text { Unemployed } & 15 \\\hline \text { Discouraged Workers } & 5 \\\hline \text { Members of Underground Economy } & 6 \\\hline \text { Consumer Price Index } & 110 \\\hline\end{array} Refer to the given information about a hypothetical economy. The rate of in?ation


A) is 110 percent.
B) is 10 percent.
C) is 0 percent.
D) cannot be determined from the data.

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