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Author Question: The inflation rate is a: a. percentage decrease in price level. b. percentage increase in price ... (Read 36 times)

darbym82

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on: Jun 30, 2018
The inflation rate is a:
 a. percentage decrease in price level.
  b. percentage increase in price level.
  c. sustained increase in relative prices.
  d. sustained decrease in relative prices.
  e. sudden increase in the weighted average of all prices.

Question 2

Economic models are of limited use since they cannot be tested empirically.
 a. True
  b. False
  Indicate whether the statement is true or false


Danny Ewald

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

False


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darbym82

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Reply #2 on: Jun 30, 2018
Thank you


Danny Ewald

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Reply #3 on: Jun 30, 2018
No problemo


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