The "real" price of a good is known as
A. relative price of the good.
B. the dollar price of the good since we use dollars in the United States.
C. the absolute price of the good.
D. the price actually paid for a good instead of the sticker price.
Answer: A
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What will be an ideal response?
What does it mean when the dollar appreciates? What does it mean when the dollar depreciates?
What will be an ideal response?
The SMarT program is designed to overcome which common barrier to saving?
A. Status-quo bias B. An unwillingness to forgo current consumption C. The program was designed to overcome both A and B. D. The program was designed to overcome neither A nor B.
Monetary policy is the system of actions taken by the Fed to influence the money supply.
Answer the following statement true (T) or false (F)