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    Principles of Macroeconomics Study Set 8
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    Exam 17: Money Growth and Inflation
  5. Question
    If the Price Level Increased from 120 to 144,then What
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If the Price Level Increased from 120 to 144,then What

Question 1

Question 1

Multiple Choice

If the price level increased from 120 to 144,then what was the inflation rate?


A) 24 percent.
B) 25 percent.
C) 20 percent.
D) 17 percent.

Correct Answer:

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