Real Income Is Equal to ________ and a Relative Price

question 210

Multiple Choice

Real income is equal to ________ and a relative price is given by ________.

• A) the dollar amount of income divided by the dollar price of a good; the dollar price of one good divided by the dollar price of the good whose relative price is being calculated
• B) the dollar price of one good divided by the dollar price of the good whose relative price is being calculated; the dollar amount of income divided by the dollar price of a good
• C) The dollar price of one good divided by the dollar price of another good; the dollar price of one good divided by the dollar price of the good whose relative price is being calculated
• D) the dollar amount of income; real income divided by the dollar amount of income

---

Definitions:

LGBTQ Community

A diverse group consisting of individuals who identify as lesbian, gay, bisexual, transgender, queer, or questioning, often advocating for equal rights and recognition.

Civil Rights

Legal protections and guarantees against discrimination based on characteristics such as race, religion, sex, or national origin, aimed at ensuring equal treatment under the law.

Supreme Court

The highest federal court in the United States, which has the ultimate appellate jurisdiction over all federal and state court cases that involve a point of federal law.

Gay People

Individuals who are romantically or sexually attracted to members of the same sex.