E Homework: Chapter 1 Question 10, Review HW Score: 69.23%, 9 of 13 Homework Question 6 points O Points: 0 of 1 Save The price of long-distance telephone service fell from 40 cents per minute in 1996 to 22 cents per minute in 1999, a 45-percent (18 cents/40 cents) decrease. Suppose that the Consumer Price Index increased by 9 percent over this period. What happened to the real price of telephone service? The real price of telephone service |decreased by percent. (Enter your response rounded to two decimal places.) Help me solve this Etext pages Get more help - Clear all Check answer telephone service fell from telephone service fell from telephone service fell from 40 cents per minute in 1996 40 cents to 22 cents per minute in to 22 cerlle