Business, 12.02.2020 01:54 23rwilliamson
Anita Job is the new Treasury Secretary and she is trying to interpret the inflation measures for two consecutive years. In Year 1, the aggregate price level increased by 8% and in Year 2, the aggregate price level increased by 5%. What term describes the change in the price level from Year 1 to Year 2? a. disinflation b. conflation c. deflation
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Anita Job is the new Treasury Secretary and she is trying to interpret the inflation measures for tw...
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