Michael Chang Buys Only Tennis Rackets During a Particular Year

question 5

Multiple Choice

Michael Chang buys only tennis rackets during a particular year.During the year in question,the price of all goods rises by 10% on average,but the price of tennis rackets remains the same.Which statement is correct?

• A) Michael benefits from inflation.
• B) Michael does not experience inflation because he only buys tennis racquets.
• C) No matter what Michael buys, he experiences inflation.
• D) Michael does not benefit from inflation.
• E) We can't conclude anything from the information given.

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Definitions:

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A specialized court that deals with matters related to wills, estates, and guardianships, including the administration of estates and probate of wills.

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A legal professional licensed to practice law in Canada.

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A claim made to offset another claim in a legal dispute, often presented by a defendant against the plaintiff in the same litigation.

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