The value of the consumer price index (CPI) is always equal to ______________ in the base year
A) 1
B) 10
C) 100
D) 1,000
E) There is not enough information given to answer this question.
C
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________ countries tend to depend on tariffs for a relatively large part of their government revenue
A) Developed B) Developing C) All
The total value of all outstanding federal government securities is
A. total personal wealth. B. the budget deficit. C. a flow variable. D. none of these.
The demand for ________ is a ?derived demand.?
A. a hair stylist by a salon owner B. tax-free municipal bonds C. a birthday cake for your brother D. ice cream cones on a hot day
If the marginal product of labor is greater than the average product of labor, then the
A. marginal product must be increasing. B. marginal product must be decreasing. C. average product must be increasing. D. average product must be decreasing.