When the price of a good decreases more slowly than an index of average prices decreases,the good's relative price
A) Has risen while its absolute price has fallen.
B) And its absolute price have risen.
C) And its absolute price have fallen.
D) Has fallen while its absolute price has risen.
Correct Answer:
Verified
Q4: Inflation is
A)A rise in the price of
Q5: Deflation is a/an _ in the average
Q6: Changes in the relative prices of two
Q7: Inflation means
A)Specific prices are rising,and relative prices
Q8: Relative price is
A)The price of one good
Q9: A decrease in the average level of
Q11: Q11: Comparing changes in relative prices is more Q12: When there is no deflation or inflation, Q17:
A)Prices
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