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________ Is an Increase in the Price Level, While ________

Question 27

Multiple Choice

________ is an increase in the price level, while ________ is an increase in the price of one good in comparison to other goods and services.


A) Inflation; hyperinflation
B) A relative price increase; inflation
C) Hyperinflation; inflation
D) Inflation; a relative price increase

Correct Answer:

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