If 2015 is the base year and the inflation rate between 2015 and 2016 is -4.5, the price index in 2016 is
A. 104.5.
B. 95.5.
C. -145.0.
D. cannot be determined from this information because the base year is not known.
Answer: B
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A) liquid. B) insolvent. C) illiquid. D) solvent.
The welfare programs undertaken by the U.S. government have been universally successful in reducing poverty and fostering economic growth
a. True b. False Indicate whether the statement is true or false
The labor-force participation rate equals the percentage of the total adult population that is in the labor force
a. True b. False Indicate whether the statement is true or false
The structural deficit represents
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