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When Economists Refer to an Economy's Price Level,they Indicate

Question 125

Multiple Choice

When economists refer to an economy's price level,they indicate:


A) the rate of inflation in that economy.
B) the prices of goods and services relative to consumers' incomes.
C) a composite measure of prices of all goods and services.
D) a period of level,or steady,prices in that economy.
E) the price of a specific consumer good.

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