The "Constant Dollar" Price Is

question 30

Multiple Choice

The "constant dollar" price is:

• A) the real price of a good.
• B) the nominal price of a good adjusted for inflation.
• C) the "current dollar" price adjusted for inflation.
• D) all of the above
• E) none of the above

---

Definitions:

Sedition Act

Legislation in various forms throughout U.S. history that made it a crime to speak, write, or act in a manner that is deemed hostile or threatening to the government.

Revolution of 1800

The United States presidential election of 1800, often referred to as a significant political realignment that led to the peaceful transition of power from Federalist to Democratic-Republican leadership.

Election

The formal process through which individuals cast votes to choose among candidates for political office or to decide on public policy issues.

Independence

The condition of a nation, country, or state which exercises self-government, and sovereignty, free from external control.