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Which of the Following Statements Is True

Question 87

Multiple Choice

Which of the following statements is true?


A) The money price of a good is usually the same as the time price for most consumers.
B) The money price is always more than the time price.
C) The money price is usually more for high-wage workers than for low-wage workers.
D) The time price is usually less for low-wage workers than for high-wage workers.
E) The time price of a good is directly proportional to the money price.

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