Multiple Choice
Refer to Table 8.1,which gives hypothetical data on price changes for three goods.If the overall rate of inflation in the economy was 3.5%,which good(s) experienced a relative price increase?
A) Amusement park tickets only.
B) Amusement park tickets and bowling balls.
C) Camouflage neckties only.
D) All three goods experienced relative price increases.
Correct Answer:

Verified
Correct Answer:
Verified
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