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  1. quizlet.com › 580505787 › ch-17-flash-cardsCH 17 Flashcards | Quizlet

    21 godz. temu · Terms in this set (11) Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one cup of coffee, one donut, and one newspaper. In year one, the basket costs $8.00. In year two, the price of the same basket is $7.00. From year one to year two, there is _______ at an annual rate of _____________.