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Last month, Carter bought 4 loaves of bread for $2.50 per loaf, 2 gallons of milk for $3.00 per gallon, and 2 packages of lunch
Last month, Carter bought 4 loaves of bread for $2.50 per loaf, 2 gallons of milk for $3.00 per gallon, and 2 packages of lunch meat for $4.00 per package. This month, he bought the same quantities of these goods, but the cost of milk increased to $4.00 per gallon. What was the value of his market basket of goods last month? Group of answer choices $26.00 $50.00 $24.00 $9.50How are consumers impacted by rising prices? Group of answer choices They benefit because purchasing power rises. They are hurt because their purchasing power falls. Consumers are only impacted if they borrow money. Consumers are not impacted by rising prices
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