If Your Gasoline Purchases Decrease from $150 Per Month to $80

question 76

Multiple Choice

If your gasoline purchases decrease from $150 per month to $80 over a period of one year due to lower prices and your income decreases from $1,600 per month to $1,500 per month,your nominal income has

• A)Increased,but your real income has decreased.
• B)Decreased,but your real income has increased.
• C)Increased,and your real income has increased.
• D)Increased, but your real income has remained the same.

---

Definitions:

Structured Situation

An environment or scenario that is organized and governed by clear rules or guidelines.

Speaker

An individual who expresses thoughts, opinions, or information verbally to an audience.

Utterances

Vocal expressions or spoken words, phrases, or sounds communicated by individuals.

Linguistic Elements

Fundamental components of language, including sounds, words, and grammar, that combine to create meaningful communication.