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Exam (elaborations)

macro chpt 22 questions and answers 100% correct

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macro chpt 22 questions and answers 100% correct The CPI in 2010 was 218, while the CPI in 1980 was 82. If you had $5,000 in 1980, its equivalent purchasing power in 2010 would be $10,850. False If the CPI falls from 142 to 140 between two consecutive years, this implies that prices fell b...

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  • April 20, 2023
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