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5 of 7 The increase from the 1965 price to the 2022 price of NEW cars The increase from the 1965 price to the 2022
5 of 7 The increase from the 1965 price to the 2022 price of NEW cars The increase from the 1965 price to the 2022 price of the 1965 car This quiz: 10 point(s) possible This question: 1 point(s) possible Submit quiz magine comparing prices of different cars across the years. In 1965, a new Ford Mustang was somewhere between $2,000 and $3,000. In 2022 a brand new Ford Mustang costs around $27,000, while that 1965 Mustang (with only 16,000 miles or so) might cost $37,000 Which of the following best represents the impact of inflation, i.e. an increase in the general price level
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