In 1972, one could buy a bag of chips, a pound of hamburger, a package of buns, and a small bag of charcoal for about $2.50 . If the same goods today cost $6.00, then which pair of CPIs would make the cost in today's dollars the same for both years?
a. 60 in 1972 and 150 today
b. 65 in 1972 and 156 today
c. 75 in 1972 and 160 today
d. 90 in 1972 and 145.8 today
b
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Speculative attacks against a currency are caused by fears of:
A. monetary policy tightening. B. exchange rate revaluations. C. exchange rate devaluations. D. balance-of-payments surpluses.
Refer to the figure below. If Laura and Chris are the only two consumers in this market, then when the price of hamburger decreases from $2.50 to $2.00 per pound, the quantity demanded in the market will ________ by ________ pound(s) per week.
A. increase; 1.5 B. decrease; 1 C. decrease; 1.5 D. increase; 1
If disposable income falls by $50 billion and consumption falls by $40 billion, then the slope of the consumption function is
What will be an ideal response?
Increase the number of patients we see by 10% within the next twelve months.
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