When the nominal price of a good increases over time,the real cost of buying the good

Question

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The real cost of a good depends on the nominal price adjusted for inflation, which is measured by the Consumer Price Index (CPI). If the CPI increases at the same rate as the nominal price, the real cost remains unchanged. If the CPI increases at a slower rate, the real cost increases, and if it increases at a faster rate, the real cost decreases.

When the Nominal Price of a Good Increases Over Time,the