The CPI basket of goods represents those goods and services purchased by urban consumers because it represents:
A. over 80 percent of our population.
B. over 90 percent of our population.
C. 78 percent of our population.
D. 60 percent of our population.
A. over 80 percent of our population.
You might also like to view...
Suppose Country A had net taxes of $30 million and government expenditures of $35 million. In addition, household saving in Country A totaled $5 million while consumption was $80 million
The government of Country A is running a budget ________ and national saving is ________ million. A) surplus; $5 B) deficit; -$5 C) deficit; $0 D) surplus; $25
Early nineteenth century banks primarily
(a) enabled small savers to buy shares in a diversified portfolio of investments. (b) accepted and managed checkable deposits. (c) provided a broad range of financial services. (d) relied on a federal safety fund in times of well spread crisis.
A market survey conducted by an electronics manufacturer reported a year on year growth in the sale of television sets, along with an increase in the selling price. Which of the following could be a likely cause for this situation?
a. A decrease in supply b. An increase in demand c. A decrease in demand d. An exception to the law of demand e. An increase in supply
If the U.S. experiences a current account deficit, then
A. the U.S. must also be running a capital account deficit. B. the U.S. must be running a capital account surplus. C. the U.S. may either experience a capital account surplus or deficit. D. None of these statements are true.