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Assuming that a kilo of soybeans sold for $1 in 2012 and $3 in 2022, what can be inferred? a. The purchasing power of consumers
Assuming that a kilo of soybeans sold for $1 in 2012 and $3 in 2022, what can be inferred?
a. The purchasing power of consumers has decreased.
b. The economy of the country is currently in recession.
c. The level of consumer confidence in the country has decreased.
d. Inflation has decreased over the years.
e. The GDP has increased over the years.
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