Over the past 70 years, prices in the U.S. have risen on average about
A) 2 percent per year.
B) 4 percent per year.
C) 6 percent per year.
D) 8 percent per year.
Correct Answer:
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Q1: Between 1880 and 1896 the average level
Q4: Which of the following is correct?
A)A period
Q5: Which of the following statements concerning the
Q8: Over the past 70 years, the overall
Q9: Deflation
A)increases incomes and enhances the ability of
Q10: Which country is correctly matched with its
Q11: If the price level increased from 120
Q12: The term hyperinflation refers to
A)the spread of
Q18: There was hyperinflation during the
A)period 1880-1896 in
Q20: When prices are falling,economists say that there
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