If the Price of Motel Rooms Increases by 10% While

question 98

Multiple Choice

If the price of motel rooms increases by 10% while the prices of other goods and services increase by 5% on average, the relative price of motel rooms has:

• A)increased.
• B)decreased by 5%.
• C)decreased by 10%.
• D)remained constant.

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Definitions:

Values

The deeply held beliefs and principles that guide an individual's actions and judgments about what is important in life.

Religion Promotes

Religion often promotes moral values, community cohesion, and a sense of purpose and belonging among its adherents, influencing individual behavior and societal norms.

Stratification

The hierarchical arrangement of individuals in a society, often based on factors like wealth, power, and prestige.

Subordination

The condition of being lower in rank or position, or the process of placing someone or something in such a lower position.