Refer to Table 2.4. The inflation rate for 2012 is
A) -8.22%.
B) 8.95%.
C) 9.13%.
D) 10.89%.
A
You might also like to view...
When the euro falls in value relative to other currencies, then
A) goods imported into Europe rise in price. B) European exports rise in price. C) neither European exports nor imports rise in price. D) both European exports and imports rise in price.
As defined by Thomas Schelling, a "strategic move" is
A) any strategy choice in a game. B) any strategy choice consistent with Nash equilibrium. C) any strategy choice in a sequential game. D) a strategy choice that influences the subsequent strategy choice of another player. E) a strategy choice that restricts the set of outcomes available to another player.
Economic growth is
A) an increase in the per person real production in a nation. B) an increase in stock market values. C) an increase in real estate values. D) an increase in the number of people employed in agriculture.
If marginal cost exceeds marginal revenue, a profit-maximizing firm should
a. expand output until marginal cost equals marginal revenue. b. expand output until marginal revenue equals price. c. reduce output until marginal cost equals marginal revenue. d. reduce output until price equals average total cost.