In the year 1995,which of the following statements is true about the two countries represented in Figure 7.2?
A)The countries had approximately the same rate of inflation.
B)The CPI was virtually equal in the two countries.
C)The market basket cost approximately the same in both countries.
D)Real incomes were rising at the same rate in both countries.

Question

In the year 1995,which of the following statements is true about the two countries represented in Figure 7.2?
A)The countries had approximately the same rate of inflation. 
B)The CPI was virtually equal in the two countries. 
C)The market basket cost approximately the same in both countries. 
D)Real incomes were rising at the same rate in both countries.

Quizplus · Accepted Answer

The Answer of  In the year 1995,which of the following statements is true about the two countries represented in Figure 7.2?
A)The countries had approximately the same rate of inflation. 
B)The CPI was virtually equal in the two countries. 
C)The market basket cost approximately the same in both countries. 
D)Real incomes were rising at the same rate in both countries.

In the Year 1995,which of the Following Statements Is True