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What is price level? How is it measured? How is the inflation rate calculated? Why does the CPI overstate the true inflation rate? What are
What is price level? How is it measured? How is the inflation rate calculated? Why does the CPI overstate the true inflation rate? What are the costs of inflation? When is a person classified as unemployed? How do you calculate the unemployment rate? What are the limitations of the unemployment rate? What are the costs of unemployment?
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