Core inflation is all of the following but:
A. a measure of inflation that excludes goods with historically volatile price changes.
B. the BLS's official measure of changes in prices.
C. Both an overall rise in prices in the economy.
D. a measure of inflation that excludes gasoline and food price changes.
C. Both an overall rise in prices in the economy.
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The forecasting technique, which predicts technological trends and is carried out by a sequential series of written questions and answers is
A) the Delphi method. B) the market research method. C) opinion polling. D) the jury of executive opinion approach.
Which one of the following manages monetary policy for Ireland?
(a) The Federal Reserve Bank in America. (b) The Bank of England. (c) The European Central Bank in Frankfurt. (d) The Bank of Ireland.
Recessions tend to be ________ by ________ the rate of inflation.
A. followed; a decrease in B. neither preceded nor followed; any change in C. preceded; a decrease in the stability of D. followed; an increase in
If the amount of lemonade purchased and the outdoor temperature are directly related, then
A. when temperature rises, the amount of lemonade purchased rises. B. a graph with this relationship would be negatively sloped. C. sellers of lemonade hope for cooler temperatures. D. the slope of the line reflecting this relationship will be 0.