Recall the Application about why international trade may reduce measured inequality in the United States to answer the following question(s). While it is conventional wisdom now that inequality in the United States has increased in the last several decades, until recently no one has taken a careful look at the actual living standards of different income groups, taking into account the goods they purchase. Two economists from the University of Chicago, Christian Broda and John Romalis, investigated the living standards of low-income groups and high-income groups based on the goods these groups purchase.
-According to this Application, prices for nondurable goods have ________ prices for services.

Question

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The application states that "Broda and Romalis found that prices for nondurable goods, such as clothing and food, have risen less than prices for services, such as health care and education."

Recall the Application About Why International Trade May Reduce Measured