If the Nominal Price of Apples Has Increased by 20

question 20

Multiple Choice

If the nominal price of apples has increased by 20 percent over a year in which the average price level has risen by 10 percent,then the real price of apples:

• A)has increased.
• B)has stayed the same.
• C)has decreased.
• D)cannot be determined without further information.

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Definitions:

Natural Selection

The evolutionary process by which favorable traits become more common in successive generations of a population, influenced by environmental pressures.

Variations

Differences within populations, which can be genetic, phenotypic, or behavioral, contributing to the diversity of organisms.

Morphological Divergence

Evolutionary pattern in which a body part of an ancestor changes differently in its different descendants.

Lines of Descent

Lines of descent refer to the direct line of ancestry tracing the genetic heritage of an organism.