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Question
question 7 of 20
today, a loaf of bread costs about $2.50. twenty years ago, a loaf of bread
cost about $2. this means that the value of the dollar has _.
a. been invested
b. increased
c. stayed the same
d. decreased
Brief Explanations
When the price of a good (like a loaf of bread) increases over time, it means that each dollar can buy less of that good. This indicates a decrease in the value of the dollar. For example, 20 years ago, $2 could buy a loaf of bread. Now, it takes $2.50 to buy the same loaf. So, the purchasing power of the dollar has gone down.
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D. decreased