To See Whether the Price of Gasoline Has Risen Compared

Multiple Choice

To see whether the price of gasoline has risen compared to the prices of other goods and services, one would calculate

A) gasoline spending divided by spending on all other goods and services.
B) gasoline spending divided by total consumer spending.
C) the trend in the price of gasoline.
D) the price of gasoline divided by the overall price level.
E) the price of gasoline divided by the rate of inflation.