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    Principles of Macroeconomics Study Set 8
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    Exam 20: Aggregate Demand and Aggregate Supply: Explaining Short-Run Economic Fluctuations
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    The Average Price Level Is Measured by
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The Average Price Level Is Measured by

Question 34

Question 34

Multiple Choice

The average price level is measured by


A) the price of oil.
B) the rate of inflation.
C) the nominal interest rate.
D) the GDP deflator or the CPI.

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