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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 38
Circle the letter that corresponds to the best answer. If the CPI rose from 160.5 in 1998 to 168.7 in 1999 to 173.4 in 2000, this would be an example of _______.
A) deflation
B) disinflation
C) inflation
A) deflation
B) disinflation
C) inflation
Explanation
Verified
Verified
Inflation- it is defined as the rise in ...
Macroeconomics 11th Edition by Stephen Slavin
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