18) Hedonic pricing is A) the way that luxury goods are priced in a market economy. B) the tendency for

18) Hedonic pricing is A) the way that luxury goods are priced in a market economy. B) the tendency for the inflation rate to rise by greater and greater amounts. C) the tendency for nominal GDP to rise when the price level rises. D) the process of translating nominal GDP into real GDP. E) the process of pricing individual characteristics of a good or service.

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