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    Essentials of Economics Study Set 2
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    Exam 11: Measuring the Macroeconomy, Inflation, and Unemployment
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    The Percentage Change in the Overall Level of Prices in the Economy
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The Percentage Change in the Overall Level of Prices in the Economy

Question 60

Question 60

Multiple Choice

The percentage change in the overall level of prices in the economy is called:


A) the inflation rate.
B) the growth rate of GDP.
C) GDP.
D) GDP per capita.
E) the interest rate.

Correct Answer:

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