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The CPI measures the ________; a measure of the rate of inflation is the _______.?

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The CPI measures the ________; a measure of the rate of inflation is the _______.

A. base year price level; current year price level

B. current year price level; base year price level

C. change in the level of prices; level of prices

D. level of prices; change in the level of prices

E. nominal price level; real price level

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  1. D. level of prices; change in the level of prices

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