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Which of the following statements is true? a)The consumer price index (CPI) measures changes in the average prices of consumer goods and services. b)Disinflation is
Which of the following statements is true? a)The consumer price index (CPI) measures changes in the average prices of consumer goods and services. b)Disinflation is an increase in the rate of inflation. c)Real income is the actual number of dollars received over a period of time. d)Deflation is an increase in the general level of prices
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Economics
Authors: John Sloman, Alison Wride
7th edition
978-027372130, 273721305, 978-0273721307
