Multiple Choice
According to Figure 7.1,which of the following statements was definitely true about Country B?
A) Relative prices were changing.
B) The average price in general increased over the time period 1970 to 1995.
C) Real incomes were increasing.
D) The price level was about the same in 1970 and 1995.
Correct Answer:
Verified
Correct Answer:
Verified
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