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    Essentials of Economics Study Set 6
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    Exam 13: Unemployment and Inflation
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    If the CPI Changes from 125 to 120 Between 2013
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If the CPI Changes from 125 to 120 Between 2013

Question 42

Question 42

Multiple Choice

If the CPI changes from 125 to 120 between 2013 and 2014,how did prices change between 2013 and 2014?


A) Prices increased by 5 per cent.
B) Prices decreased by 5 per cent.
C) Prices increased by 25 per cent.
D) Prices decreased by 4 per cent.

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