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A One-Time Increase in the Price Level

Question 1

Multiple Choice

A one-time increase in the price level


A) is rarely reported by the news media as inflation,but is nevertheless considered to be inflation by economists.
B) is regularly reported by the news media as inflation,but is not considered to be inflation by economists.
C) is rarely reported by the news media as inflation because it is not considered to be inflation by economists.
D) is regularly reported by the news media as inflation because it is considered to be inflation by economists.

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