If the Quality of a Good Improves While Its Price

question 11

Multiple Choice

If the quality of a good improves while its price remains the same,then the value of a dollar

• A)rises and the cost of living increases.
• B)rises and the cost of living decreases.
• C)falls and the cost of living increases.
• D)falls and the cost of living decreases.

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Definitions:

Savage

A term historically used to describe a person regarded as primitive or uncivilized, now considered offensive and outdated.

Pagan

A term used to describe religious beliefs or practices that are outside of the world's main religions, particularly in reference to ancient or polytheistic faiths.

Debt

Money owed by one party, the borrower or debtor, to a second party, the lender or creditor.