Essay
The table shows the price of motor fuel (mainly gasoline) and the overall price level (the consumer price index) in five-year intervals over the period 1970 through 1990. 
(A)Plot a diagram of the relative price of motor fuel for the 1970-1990 period.
(B)Explain what has been happening to the relative price of motor fuel over this period.
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(A)The plot of the diagram is shown in t...View Answer
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