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Over the Last 80 Years,the Average Annual U

Question 21

Multiple Choice

Over the last 80 years,the average annual U.S.inflation rate was about


A) 3.6 percent,implying that prices have increased 16-fold.
B) 4 percent,implying that prices have increased 17-fold.
C) 4 percent,implying that prices have increased 16-fold.
D) 3.6 percent,implying that prices increased about 17-fold.

Correct Answer:

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