The rate of inflation is the:
A) price level.
B) consumer price index.
C) annual percentage change in the general price level.
D) the average price of a given class of goods or services relative to the price of the same goods and services in a base year.
Correct Answer:
Verified
Q3: Which of the following conditions would not
Q4: All the following are important macroeconomic issues
Q5: Economic growth is measured by:
A) an increase
Q6: In the economy of Betania, the real
Q7: Which of the following statements is false?
A)
Q9: The annual percentage rate of change in
Q10: The CPI in year one was 145.
Q11: Which of the following statements is false?
A)
Q12: The labour force equals the number of
Q13: Who of the following would be counted
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