If the Price of Pizzas Has Risen from $4 to $5

question 72

Multiple Choice

If the price of pizzas has risen from $4 to $5 at the same time that the price of an hour of aerobics class has risen from $20 to $30, then

• A) pizzas have become relatively more expensive.
• B) aerobics classes have become relatively more expensive.
• C) the relative prices of pizzas and aerobics classes have remained constant.
• D) workers' real income must have decreased.

---

Definitions:

Network Provider

A healthcare provider or facility that is part of a health plan's network and often provides services to plan members at negotiated rates.

Ambulatory Payment Classifications

A system used in the United States for billing Medicare for outpatient services that categorizes procedures and services into groups that are expected to consume similar resources.

Medicare

A federal health insurance program in the United States for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease.