Between 1977 and 2004,the Inflation-Adjusted Prices for an Array of Goods

question 39

Multiple Choice

Between 1977 and 2004,the inflation-adjusted prices for an array of goods traded between countries __________ while the inflation-adjusted prices for an array of goods not traded between countries _____________________.

• A)fell;increased.
• B)rose;increased as well.
• C)fell;decreased as well.
• D)rose;decreased.

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Definitions:

Trendline

A line drawn on a graph to represent the general direction in which something is moving, based on historical data.

Major Gridlines

The prominent lines in a chart or graph that help in measuring and aligning the data points with the scale of the axis.

Data Label

Text or information associated with a data point in charts or graphs, typically to identify the value or category.

Axis Title

A label that describes what data is represented in each axis (e.g., x-axis, y-axis) of a graph or chart.