Question
1.The inflation rate in 2012 was 3.5%. In 2013 it fell to 2.7%. This means that A. prices are decreasing. B. real GDP is decreasing.
1.The inflation rate in 2012 was 3.5%. In 2013 it fell to 2.7%. This means that
A. prices are decreasing.
B. real GDP is decreasing.
C. prices are increasing.
D. real GDP is increasing.
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Managerial Economics and Organizational Architecture
Authors: James Brickley, Jerold Zimmerman, Clifford W. Smith Jr
5th edition
73375829, 978-0073375823
