A measure of how fast prices are rising is called the:
A) growth rate of real GDP.
B) inflation rate.
C) unemploymentrateD.market-clearing rate.
Correct Answer:
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Q1: A typical trend during a recession is
Q4: Deflation occurs when:
A) real GDP decreases.
B) the
Q8: The inflation rate in the United States
Q10: Real GDP _ over time and the
Q12: The ability of macroeconomists to predict the
Q22: Important characteristics of macroeconomic models include all
Q24: During the period between 1900 and 2000,
Q26: Macroeconomic models are used to explain how
Q27: Variables that a model tries to explain
Q31: A period of falling prices is called:
A)
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