A price index number of 105.0 for a particular year indicates that prices in that year are 5 percent higher than prices in the base year.
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Q201: Inflation occurs when there is an increase
Q202: Fixed income earners feel the impact of
Q203: There is a tendency for demand-pull inflationary
Q204: Too much money chasing not enough goods
Q205: Cost-push inflation tends to occur when output
Q207: Deflation is a slowing in the rate
Q208: Growth in an economy's productive potential is
Q209: Changes in the level of prices lead
Q210: An increase in real GDP will always
Q211: Average labor productivity has been decreasing over
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