Multiple Choice
An dollar-amount increase that has not been adjusted for inflation is called
A) a real increase.
B) a nominal increase.
C) a net increase.
D) a inflationary increase.
Correct Answer:

Verified
Correct Answer:
Verified
Q18: Disinflation and deflation are<br>A) two different terms
Q19: What is the CPI?<br>A) The Consumer Price
Q20: Annual inflation equal to 1,000% means that
Q21: The formula for a real percentage change
Q22: What does the phrase "owners' equivalent rent"
Q24: Some goods have become less expensive due
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Q26: Real dollars are also called inflation-adjusted dollars.
Q27: Money illusion occurs<br>A) at a magic show.<br>B)
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