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A trip to Hawaii costs about the value of three month's rent for Steve. What type of value is displayed in the above sentence? A nominal B real C relative price D inflation
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A trip to Hawaii costs about the value of three month's rent for Steve.

What type of value is displayed in the above sentence?
A
nominal

B
real

C
relative price

D
inflation

User Christopherdrum
by
4.7k points

2 Answers

6 votes
The answer would be
C
Relative price
User Garry Welding
by
5.1k points
1 vote

Answer:

C relative price

Step-by-step explanation:

User Taksofan
by
4.7k points
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