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Question 6 Which of the following situations is an example of inflation occurring in a two-good economy? The price of apples and the price of
Question 6 Which of the following situations is an example of inflation occurring in a two-good economy? The price of apples and the price of pears both increased by about 2% in the last five years. The price of apples is about 2% higher than it was five years ago, while the price of pears fell by about 2% over the same time period. The price of apples and the price of pears both decreased about 5% in the past 5 years. The price of apples and the price of pears have remained the same over the past 5 years, but wages for factory workers have increased since then
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