Over the last 70 years the average annual U.S.inflation rate was about
A) 2 percent.
B) 4 percent.
C) 6 percent.
D) 8 percent.
Correct Answer:
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Q1: When the price level rises,the number of
Q3: The price level rises from 120 to
Q4: Inflation can be measured by the
A)change in
Q6: The quantity theory of money
A)is a fairly
Q7: Deflation
A)increases the ability to pay debts and
Q10: Which of the following concerning the history
Q11: There was hyperinflation
A)during 1880-1896 in the United
Q18: Over the last 70 years, the average
Q20: When prices are falling,economists say that there
Q114: An increase in the price level makes
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