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Money and Banking
?
Inflation is
the rate of change of a volume index such as real GDP
the rate of change of a price index such as the CPI
the absolute level of a price index such as the CPI
the absolute level of a volume index such as real GDP
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (B)
the rate of change of a price index such as the CPI
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