Answer the question(s) based on the following data, using year 1 as the base year.All dollars are in billions. Refer to the above data.From year 1 to year 4, prices rose by:
A) 4 percent.
B) 8 percent.
C) 10 percent.
D) 12 percent.
Correct Answer:
Verified
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Q130: In an economy experiencing persistent deflation:
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