Home > Microeconomics > One of These Things Is Not Like the Other

One of These Things Is Not Like the Other

Cars, milk, gasoline, government-delivered mail…three of these things cost less (measured in price/hourly wage terms) than they did in 1957. One costs more.

Guess which one costs more.

(If you don’t understand the origin of “One of These Things Is Not Like the Other,” here’s a classic Sesame Street example.)

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Categories: Microeconomics
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