Over long periods of time, the CPI and PPI generally reflect the ______ rates of inflation

Fill in the blank(s) with the appropriate word(s).


same

Economics

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A possible outcome of the multilateral approach to free trade is that such an approach can

a. win political support when a unilateral approach cannot. b. result in more restricted trade than under a unilateral approach, when international negotiations fail. c. result in drastic reductions in tariffs for many countries. d. All of the above are correct.

Economics

According to Goodman (1972), how is the demand for medical care determined?

a. It is derived from the more fundamental demand for health. b. Genetic factors are all that matter. c. Insurance coverage is the most important factor. d. It is determined primarily by the age of the individual.

Economics

Suppose that all countries eliminate their barriers to trade. The HeckscherOhlin model predicts that:

a. wages should become more equal throughout the world. b. wages should become more unequal throughout the world. c. the volume of international trade should fall. d. there should be increased migration of labor among countries.

Economics

At the expiration the premium of an option is equal to the option intrinsic value.

a. true b. false

Economics