40. A news magazine found that between 1997 to 2021 various prices of different goods changed considerably. Some goods, like "hospital services" increased in price a great deal, and others like "TVs" fell in price by about 45%. The article noted that the average change in price was a 55.6% increase, and it called this "inflation." a. Would you call this inflation? Or would you describe this as something else? b. Given your answer, is there any significant meaning to the 55.6%?38. A Naloxone Rescue Kit contains medication that counters the effects of opioid overdoses. It reverses the overdose effects for 10-15 minutes, allowing people time to access emergency services (in extreme cases it can bring someone back to life if used in time). There are various types of kits, including home versions that make them readily available and affordable. Policy wonks have noticed a strange thing since the introduction of these kits: the number of overdoses rises dramatically when they are introduced, and it has become common for the same individual to experience multiple overdoses on the same day. Why would this change in behavior not be surprising to an economist?32. Jenny goes to visit her parents in Hong Kong. While there she goes to dinner with them to the Coral Cafe, where an average quality meal costs $4.50. There is another common restaurant called Chui Wah, which serves higher quality food for $6.50. While at the Coral Cafe Jenny thinks to herself "I just paid $1500 to fly from Vancouver to Hong Kong, the relative price of a high quality meal is not 6.5/4.5, but 1506.5/1504.5. I should be eating at Chui Wah!" Given that the decision to go out for food was made while in Hong Kong, is this the right reasoning