Multiple Choice
If we knew that the price of goods rose,on average,by 5 percent last year and by 4 percent this year,we would know
A) nothing about the rate of inflation
B) that the inflation rate is rising
C) that the inflation rate is falling
D) that we are in a stagflation
E) that we are in a recession
Correct Answer:
Verified
Correct Answer:
Verified
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