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If All Prices, Including the Price of Beef, Increase by 3

question 71

Multiple Choice

If all prices, including the price of beef, increase by 3%, then the relative price of beef has ______ and inflation _____.


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Remarks or statements that have been understood incorrectly, leading to confusion or misunderstanding.

Olympics

International multi-sport event featuring summer and winter sports competitions, in which thousands of athletes from around the world participate.

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A bridge, road, or similar structure designed to cross over another road, railroad, river, or obstacle without intersecting it at ground level.

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Refers to the act of redirecting vehicles from their usual route to an alternative path, often due to roadworks or accidents.

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