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.
Correct Answer:

Verified
Correct Answer:
Verified
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