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Who is Affected by Inflation?
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Problem 10
Who is Affected by Inflation?
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11. Unemployment and Inflation / Who is Affected by Inflation? / Problem 3
Problem 3
Which of the following best defines inflation?
A
A decrease in the price level of goods and services.
B
A decrease in the value of money.
C
A general increase in the price level of goods and services.
D
A constant price level of goods and services.
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