Think of examples of goods whose relative price has risen or fallen by a large amount.
I...
Social Studies, 11.02.2020 21:27 chivitogomez2400
Think of examples of goods whose relative price has risen or fallen by a large amount.
In 2007, the price of a gallon of gas was $2.59. In 2017, the price of a gallon of gas was $2.32.
In 2007, the price of a dozen eggs was $1.63. In 2017, the price of a dozen eggs was $1.40.
Between 2007 and 2017, the relative price of a gallon of gas with respect to a dozen eggs and the relative price of a dozen eggs with respect to a gallon of gas .
A. fell; rose
B. rose; rose
C. fell; fell
D. rose; fell
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