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content area top Part 1 The realnominal principle states that Question content area bottom Part 1 A. people respond more to explicit, or real, costs
content area top Part 1 The realnominal principle states that Question content area bottom Part 1 A. people respond more to explicit, or real, costs than to implicit costs. B. people respond more to implicit costs than to explicit costs. C. what matters to people is the face value of money or income. D. what matters to people is the purchasing power of money or income
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