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Which of the Following Must Be TRUE If the Price

Question 25

Multiple Choice

Which of the following must be TRUE if the price of college tuition has risen faster than the consumer price index in the past 20 years?


A) The real price of college tuition has risen.
B) The nominal price of college tuition has fallen.
C) The real price of college tuition has not changed.
D) The nominal price of college tuition has not changed.

Correct Answer:

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