Multiple Choice
Inflation can be measured by the
A) change in the consumer price index.
B) percentage change in the consumer price index.
C) percentage change in the price of a specific commodity.
D) change in the price of a specific commodity.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: If the price level increased from 120
Q3: When prices are falling,economists say that there
Q4: Deflation<br>A)increases incomes and enhances the ability of
Q5: Which of the following statements about U.S.inflation
Q6: Over the past 80 years,the overall price
Q7: Which of the following is not correct?<br>A)The
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Q9: The term hyperinflation refers to<br>A)the spread of
Q10: In the last part of the 1800's<br>A)deflation
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