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    Principles of Microeconomics
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    Exam 1: Ten Principles of Economics
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    What Is an Increase in the Overall Level of Prices
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What Is an Increase in the Overall Level of Prices

Question 24

Question 24

Multiple Choice

What is an increase in the overall level of prices in an economy called


A) economic growth
B) inflation
C) monetary policy
D) rate of return

Correct Answer:

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