The money price of a good is that price
A)expressed in constant 2005 dollars.
B)expressed in purchasing power against a common item like bread.
C)expressed in today's dollars.
D)that would clear the market.

Question

Quizplus · Accepted Answer

The money price of a good is expressed in today's dollars, which reflects the current value of money and the market conditions. This is the price at which the good is being sold in the current market, without adjusting for inflation or other factors.

The Money Price of a Good Is That Price