766471880 AA Money, Growth, and Inflation (Mobile Enhanced) Graded Assignment ] Read Chapter 12| Back to Assignment Altempts verage 1. The level of prices and the value of money Suppose the price level reffects the number of dollars needed to buy a basket of goods containing one cup of tea, one biscuit, and one magazine. In year one, the basket costs $10.00 In year two, the price of the same basket is $9.00. From year one to year two, there is at an annual rate of in year one, $80.00 wil buyY baskets, and in year two, $80.00 will buy baskets This exampole Bustrates that, as the price level falls, the value of money Copyright NoticesTerems of Use Privecy Notikce Security NobiceAccessbilty