Refer to the information for this hypothetical economy provided in Table 5.1 below to answer the questions that follow.
Table 5.1
2010 2011 2012
-Refer to Table 5.1.Which of the following quarters can be associated with inflation?
A) the second quarter of the year 2010
B) the first quarter of the year 2012
C) the second quarter of the year 2012
D) all of the above
Correct Answer:
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