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-The Purchasing Power of the Dollar Is Equal to

question 98

Multiple Choice

  -The purchasing power of the dollar is equal to A)  real GDP divided by nominal GDP. B)  nominal GDP divided by real GDP. C)  1 minus the average price level. D)  the reciprocal of the average price level. E)  the average price level multiplied by 100.
-The purchasing power of the dollar is equal to


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