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    Principles of Economics Study Set 1
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    Exam 18: Measuring the Price Level and Inflation
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    The Situation When the Price of Most Goods and Services
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The Situation When the Price of Most Goods and Services

Question 138

Question 138

Multiple Choice

The situation when the price of most goods and services are falling over time is called:


A) inflation.
B) disinflation.
C) a boom.
D) deflation.

Correct Answer:

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