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    Exam 10: Real GDP and the Price Level in the Long Run
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    Over the Past 40 Years, Which of the Following Has
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Over the Past 40 Years, Which of the Following Has

Question 289

Question 289

Multiple Choice

Over the past 40 years, which of the following has the U.S. economy experienced?


A) persistent deflation
B) stable prices and so zero inflation rate
C) persistent inflation
D) secular deflation

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