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  • 1. A bicycle that cost $10.00 in 1896 would cost how much in 1926?
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  • 2. Is the price in 1926 lower or higher?
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  • 3. When prices are higher over time, the term economists use to describe this is called ___________.
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  • 4. If you had $10.00 in 1896, could you buy more things or fewer things with it in 1926?
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