If the "Nominal Price" of a Good Has Risen by 10

question 112

True/False

If the "nominal price" of a good has risen by 10 percent over a period of time, its relative price must also have risen.

---

Definitions:

Origami

The traditional Japanese art or technique of folding paper into a variety of decorative or representational forms.

Folds

Folds are bends or creases in a material made by doubling it over itself or by compressing.

Effects

Outcomes or results that are caused by some preceding action or cause.

Managable

Capable of being controlled, handled, or dealt with easily.