If There Are Only Two Goods in the Economy, One

question 95

Multiple Choice

If there are only two goods in the economy, one whose price rises by 3% and one by 5%, it is possible that inflation is:

• A)3%
• B)4%
• C)5%.
• D)7%

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Definitions:

Serial Monogamy

The practice of engaging in a series of monogamous relationships, one after the other, without overlap.

Domestic Partnership

A legal category granting some rights ordinarily reserved to married couples to committed, cohabiting heterosexual, gay men, and lesbian women couples.

Open Relationship

A type of relationship where partners agree upon participating in sexual, emotional, or romantic activities with other people, outside their primary relationship.

Domestic Partnership

A personal relationship between two individuals who live together and share a domestic life but are not married.