Effective AIDS drugs did not exist in the early 1980s. When they became available they were very expensive. When people use these facts to say that the price of AIDS drugs has increased economists generally

Question

Quizplus · Accepted Answer

The statement that effective AIDS drugs were expensive when they first became available implies that the price has actually fallen over time. Therefore, economists would not agree that the price of AIDS drugs has increased.

Effective AIDS Drugs Did Not Exist in the Early 1980s