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  3. Study Set
    Economics Today Study Set 1
  4. Exam
    Exam 7: The Macroeconomy: Unemployment, Inflation, and Deflation
  5. Question
    The Value of an Item Expressed in Purchasing Power That
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The Value of an Item Expressed in Purchasing Power That

Question 187

Question 187

Multiple Choice

The value of an item expressed in purchasing power that varies with the overall price level is known as


A) inflation.
B) deflation.
C) the nominal value.
D) the real value.

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