According to Figure 7

question 21

Multiple Choice

According to Figure 7.1,which of the following statements was definitely true about Country B?

• A)Relative prices were changing.
• B)The price level in general increased over the time period 1970 to 1995.
• C)Real incomes were increasing.
• D)The price level was about the same in 1970 and 1995.

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Definitions:

Subatomic Particles

Particles that are smaller than an atom, including protons, neutrons, and electrons, which are the basic building blocks of atoms.

Elements

Elements are fundamental components or substances that cannot be broken down into simpler forms by chemical means.

Scientific Theories

Well-substantiated explanations of some aspect of the natural world, based on a body of empirical evidence and subjected to the scientific method.

Ever-living Fire

In Heraclitean philosophy, it symbolizes the fundamental principle of the universe, denoting change and the dynamic process of becoming.