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est uoes not allow backtracking. Changes to the answer after submission are pro

ID: 1127210 • Letter: E

Question

est uoes not allow backtracking. Changes to the answer after submission are pro Question Completion Status: > Moving to the next question prevents changes to this answer. Question 18 Why are economists more interested in relative prices than money prices? 0 a, because relative prices are the actual dollar prices paid by consumers O b. because economists are NOT concerned with real-world activities, just theoretical models c. because what matters is how much the price of a good has changed relative to substitute products d. because relative prices frequently decline due to deflationary trends Moving to the next question prevents changes to this answer. 13

Explanation / Answer

Economists are more interested in relative prices than money prices because what matters is how much the price of a good has changed relative to substitute products.