Aplia Assignment ch 17 Back to Assignment Attempts Average/2 1. The level of prices and the value of money Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one can of sodo, one bag of chips, and one comie book. In year one, the basket costs $9.00. In year two, the price of the same basket is $8.00. From year one to year two, there is at an annual rate of baskets In year one, $72.00 will buy baskets, and in year two, $72.00 will buy This example illustrates that, as the price level falls, the value of money Grade It Now Save & Continue Continue without saving