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The Value of $100 in the Year 1980 Is Valued

Question 20

Multiple Choice

The value of $100 in the year 1980 is valued at $339.81 in the year 2021, after accounting for inflation rates in the United States. What term is used to refer to the amount of US$339.81?


A) current dollars
B) constant dollars
C) nominal dollars
D) base dollar unit

Correct Answer:

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