What is the difference between the price level and the rate of inflation in an economy?

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Principles of Economics

ISBN: 978-0073511405

5th edition

Authors: Robert Frank, Ben Bernanke

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Question Posted: Dec 12, 2015 04:34 AM

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What is the difference between the price level and the rate of inflation in an economy?

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The price level measures the cost of a basket of goods a...View the full answer

Principles of Economics

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