The measure of the cost of a standard basket of goods and services in any period relative to the cost of the same basket of goods and services in the base year is called the:
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A situation of negative inflation is called:
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All of the following are nominal quantities EXCEPT the:
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Deflating a nominal quantity is the process of dividing a ____ quantity by a ______ in order to express the quantity in ______ terms.
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The nominal interest rate equals the
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The unemployment rate equals the number of people:
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People who would like to work full time, but are able to find only part-time work are officially counted as:
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Cyclical unemployment is:
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Who of the following would be counted as unemployed?
