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    Macroeconomics Study Set 41
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    Exam 3: Demand and Supply
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    Joe Pays $8,000
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Joe Pays $8,000

Question 116

Question 116

Multiple Choice

Joe pays $8,000.00 in tuition. The 8,000 dollar tuition Joe pays is an example of what economists call


A) a money price.
B) a relative price.
C) an opportunity price.
D) an indexed price.

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