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    Exam 20: Aggregate Demand and Aggregate Supply
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    The Average Price Level Is Measured by
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The Average Price Level Is Measured by

Question 338

Question 338

Multiple Choice

The average price level is measured by


A) any real variable.
B) the rate of inflation.
C) the level of the money supply.
D) the CPI or the GDP deflator.

Correct Answer:

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