What is the value of dollar-terms of loaves of bread

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A loaf of bread costs $2.00. Based solely on this information, what is the value of the dollar (in terms of loaves of bread)?

A loaf of bread costs $2.00. Based solely on this information, what is the value of the dollar (in terms of loaves of bread)? If the price of a loaf of bread changes to $1.50, does the value of a dollar rise or fall?

Reference no: EM131091826

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