If There Is No Change in the Money Price of Steel

question 36

Multiple Choice

If there is no change in the money price of steel during a period of 6% inflation,then the

• A)absolute price of steel has decreased.
• B)relative price of steel has decreased.
• C)relative price of steel is equal to the absolute price of steel.
• D)absolute price of steel has increased.
• E)relative price of steel has increased.

---

Definitions:

Noise

Unwanted or distracting sounds, but in communication theory, it also refers to any interference that distorts or hinders the transmission of a message.

Compromise

An agreement or a settlement of a dispute reached by each side making concessions.

Transmit

The act of sending or conveying information, signals, or data from one person, device, or place to another.

Interpersonal Communication

The process through which people exchange information, feelings, and meaning through verbal and non-verbal messages in a face-to-face context.