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    Exam 1: An Introduction to Microeconomics
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    The _____ Is the Absolute Price of a Good or Service
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The _____ Is the Absolute Price of a Good or Service

Question 61

Question 61

Multiple Choice

The _____ is the absolute price of a good or service that has been adjusted for the changing value of money.


A) market price
B) choke price
C) nominal price
D) real price

Correct Answer:

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