The consumer price index is calculated by the:
A. Bureau of Labor Statistics.
B. Congressional Budget Office.
C. National Bureau of Economic Research.
D. Social Security Office.
A. Bureau of Labor Statistics.
You might also like to view...
When the price of a good rises, the resulting change in quantity demanded due solely to the decline in your income's purchasing power is called the
a. Giffen-good phenomenon. b. law of demand. c. substitution effect. d. income effect.
A movement along the demand curve for toothpaste would be caused by
A) a change in population. B) a change in the price of toothbrushes. C) a change in consumer income. D) a change in the price of toothpaste.
One In The News article is titled "The Misery Index." If the inflation rate is 5 percent and the unemployment rate is 7 percent, the misery index is
A. 12 percent. B. 35 percent. C. 1.4 percent. D. 2 percent.
One of the problems that monetary unions eliminate is
A. inflationary gaps. B. recessionary gaps. C. exchange rate instability. D. business cycles.