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Which of the Following Statements Is True

Question 90

Multiple Choice

Which of the following statements is true?


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

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