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The percentage increase in the average price of the economy’s goods and services is known as __________.

A.
market basket
B.
price index
C.
deflation rate
D.
inflation rate

User Casraf
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2 Answers

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e2020 says the answer is D. (inflation rate) 
User Sunsean
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The percentage increase in the average price of the economy’s goods and services is known as inflation rate
User BitsAndBytes
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