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  3. Study Set
    Principles of Macroeconomics Study Set 7
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    Exam 4: Measuring the Economy 2: Unemployment and Inflation
  5. Question
    If the Rate of Inflation Is 7% Per Year,how Long
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If the Rate of Inflation Is 7% Per Year,how Long

Question 8

Question 8

Multiple Choice

If the rate of inflation is 7% per year,how long will it take for the price level to double?


A) 4 years.
B) 10 years.
C) 7 years.
D) 12 years.
E) 14 years.

Correct Answer:

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