In the United States, most often the ________ changes first, and the ________ follows
A) CPI; PPI
B) GDP deflator; CPI
C) PPI; CPI
D) PCE; CPI
C
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The reasons why someone cannot get a job are similar to the reasons why someone cannot get a date
Using the ideas of frictionally unemployed, structurally unemployed, and cyclically unemployed, describe and explain how a student at your university might be frictionally "undated," structurally "undated," and cyclically "undated."
This table shows the demand and supply schedule of a good.
According to the table shown, at a price of $2.00 quantity demanded:
A. exceeds quantity supplied and a shortage exists.
B. is less than quantity supplied and a shortage exists.
C. exceeds quantity supplied and a surplus exists.
D. is less than quantity supplied and a surplus exists.
Use the following diagram to answer the next question.
Assume the economy is initially at the full employment level of real GDP. If there is a decrease in gross investment, the Fed should ________.
A. increase the money supply B. decrease money demand C. increase money demand D. decrease the money supply
This table represents the revenues faced by a monopolist.PriceQuantity SoldTotal RevenueAverage RevenueMarginal Revenue$1,0001$1,000 $9002$1,800 $8003$2,400 $7004$2,800 $6005$3,000 $5006$3,000 $4007$2,800 Using the information in the table shown, if you were to graph the first two columns, you would have graphed which curve?
A. Marginal revenue B. Total productivity C. Market demand D. Market supply