GoodPrice Increase Last YearAmusement park tickets5.0%Bowling balls4.2%Camouflage neckties3.1% Refer to Table 8.1, which gives hypothetical data on price changes for three goods. Which good(s) became relatively more expensive for buyers?
A. All three goods became relatively more expensive.
B. None of the goods became relatively more expensive.
C. Only amusement park tickets became relatively more expensive.
D. It depends on the overall rate of inflation in the economy.
Answer: D
Economics
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