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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

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
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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

asked
User Casraf
by
7.9k points

2 Answers

2 votes
e2020 says the answer is D. (inflation rate) 
answered
User Sunsean
by
8.3k points
6 votes
The percentage increase in the average price of the economy’s goods and services is known as inflation rate
answered
User BitsAndBytes
by
7.8k points
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