Question $8(1$ point$)$

If a Hershey's chocolate bar cost $$0\mathrm{.}05$ in $1921$ when the price index was $18$ and the same size and weight Hershey's chocolate bar cost $$0\mathrm{.}05$ in $1955$ when the price index was $27,$ then:

the inflation$-$adjusted price of the bar would be much lower than the actual price for both years.

the inflation$-$adjusted price of the bar would be much higher than the actual price for both years.

Hershey's has mispriced the bar due to a price confusion problem.

the Unifed States must have experienced deflation during the period from $1921-1955.$

menu costs for Hershey's were high.

Question $9(1$ point$)$