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Table 24-1
The table below lists annual consumer price index and inflation rates for a country over the period 2005-2010. Assume the year 2005 is used as the base year.
-Refer to Table 24-1. What belongs in space C?
Independent Variable
The variable causing a change in some other (dependent) variable.
Unemployment Rate
The percentage of the labor force unemployed at any time.
Production Possibilities
Describes combinations of output that a society can produce using all available resources and technology efficiently.
Gift Card
A prepaid stored-value money card, issued by a retailer or bank, to be used as an alternative to cash for purchases within a particular store or related group of stores.
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