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    Principles of Economics Study Set 4
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    Exam 5: Demand
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    The Absolute Price of a Good in Dollar Terms Is
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The Absolute Price of a Good in Dollar Terms Is

Question 102

Question 102

Multiple Choice

The absolute price of a good in dollar terms is the


A) market price
B) equilibrium price
C) nominal price
D) marginal price

Correct Answer:

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