Multiple Choice
The annual rate of inflation is
A) a change in real income of workers from one year to the next.
B) the percentage change in the general level of prices from one year to the next.
C) the increase in the purchasing power of the dollar from one year to the next.
D) the percentage increase in the total value of the goods and services produced from one year to the next.
Correct Answer:
Verified
Correct Answer:
Verified
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