In China,suppose That the Price Level Was 100 in 2011,110

question 319

Multiple Choice

In China,suppose that the price level was 100 in 2011,110 in 2012,and 120 in 2013.Over these three years,

• A) the inflation rate accelerated.
• B) inflation did not occur.
• C) prices were stable.
• D) the inflation rate was positive.

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A tube that is inserted through a surgical opening in the neck into the trachea to assist with breathing.