A Farmer Produces the Same Output in 2015 as in 2014.His

question 35

Multiple Choice

A farmer produces the same output in 2015 as in 2014.His input prices increase by 3 percent and so does his product price.Which inflation rate makes the farmer as well off in 2015 as in 2014?

• A) 0 percent
• B) 1 percent
• C) 3 percent
• D) 6 percent

---

Definitions:

Republish

The act of publishing again or releasing previously published content to a new audience or in a new format.

Symbolic Meanings

The representation of ideas, concepts, or objects through symbols that convey deeper and hidden meanings beyond their literal sense.

Dark Colors

Shades that have a low lightness, often used to convey depth, sophistication, or a somber mood.

Metaphor

A figure of speech in which a word or phrase is applied to an object or action to which it is not literally applicable, suggesting a resemblance.