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    When the Overall Price Level of Consumer Goods Goes Up
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When the Overall Price Level of Consumer Goods Goes Up

Question 1

Question 1

Multiple Choice

When the overall price level of consumer goods goes up, we have _____; when they go down, we have _____.


A) deflation / inflation
B) price stability / inflation
C) inflation / deflation
D) price stability / depression

Correct Answer:

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