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Inflation Is a Measure of the ________ of Prices; the CPI

Question 147

Multiple Choice

Inflation is a measure of the ________ of prices; the CPI is a measure of the ________ of prices.


A) current level; rate of change in the level
B) rate of change in the level; current level
C) index; base year's level
D) base year's level; index

Correct Answer:

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