Approximately how often is the Consumer Price Index (CPI) market basket updated?
a. Every 10 years
b. Every 25 years
c. Every year
d. Every 2 years
e. Every 5 years
D
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With labor migration, the destination country experiences:
A. An increase in output and a rising wage rate B. An increase in output and a falling wage rate C. A decrease in output and a falling wage rate D. A decrease in output and a rising wage rate
In the simple deposit expansion model, a decline in checkable deposits of $500 when the required reserve ratio is equal to 10 percent implies that the Fed
A) sold $500 in government bonds. B) sold $50 in government bonds. C) purchased $50 in government bonds. D) purchased $500 in government bonds.
Which of the following is based on the idea that power should be concentrated in the hands of the majority?
A. the consensus vision of democracy B. the majoritarian vision of democracy C. substantive representation D. symbolic representation
Refer to the table. The equilibrium dollar price of libras is:
Answer the question on the basis of the following table, which indicates the dollar price of libras, the currency used in the hypothetical nation of Libra. Assume that a system of freely floating exchange rates is in place.
A. $5.
B. $4.
C. $3.
D. $2.