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Other Things the Same,if the Price Level Rises,people

question 20

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Other things the same,if the price level rises,people


Definitions:

DVD

A type of disc storage format that can store any kind of digital data and is used for software and other computer files as well as video programs watched using DVD players.

Budget Constraint

The limitations on the consumption choices of an individual or household given their income and the prices of goods and services.

DVD

A digital versatile disc (DVD) is a type of optical storage media used for video, audio, and data storage.

CD

A compact disc, a small plastic disc used to store data digitally, including music, images, or software.

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