Suppose Over the Last Year That the Price of Recycled

question 392

Multiple Choice

Suppose over the last year that the price of recycled aluminum increased from $800 a ton to $900 a ton. Over the same time a measure of the overall price level increased from 120 to 130. The price of recycled aluminum increased by

• A)less than inflation, but this doesn't necessarily mean it became scarcer.
• B)less than inflation, and this means it became scarcer.
• C)more than inflation, and this means it became scarcer.
• D)more than inflation, but this doesn't necessarily mean that it become scarcer.

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Definitions:

Catecholamines

Organic compounds, including epinephrine (adrenaline), norepinephrine, and dopamine, that function as neurotransmitters and hormones in the body.

Myelin Sheath

The fatty covering around nerve fibers that increases the speed and efficiency of electrical signal transmission in the nervous system.

Neuron

A specialized cell transmitting nerve impulses; a nerve cell, consisting of a cell body, dendrites, and an axon.

Spinal Cord

A long, thin, tubular bundle of nervous tissue and support cells that extends from the brain, the major conduit for information traveling between the brain and the rest of the body.