Consider an economy that produces and consumes bread and
automobiles. In the following table are data for two different years.
Year 2000 Year 2010
Goods Quantity Price Quantity Price
Bread 100 50,000 120 60,000
Automobiles 500,000 10 400,000 20
How much have prices risen between 2000 and 2010?
Answers: 2
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Consider an economy that produces and consumes bread and
automobiles. In the following table are da...
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