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    Macroeconomics Study Set 17
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    Exam 9: Unemployment and Inflation
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    The Average Price of Goods and Services in the Economy
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The Average Price of Goods and Services in the Economy

Question 266

Question 266

Multiple Choice

The average price of goods and services in the economy is also known as


A) the price level.
B) the inflation rate.
C) a market basket.
D) the cost of living.

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