The consumer price index (CPI), the personal consumption expenditures price index (PCE), and the core PCE have over the last 15 years
A) moved roughly together with the CPI being the most stable.
B) moved roughly together with the PCE being the most stable.
C) not moved together, with the CPI being the most stable.
D) moved roughly together with the core PCE being the most stable.
D
You might also like to view...
With marginal cost pricing
A) marginal benefits are usually less than marginal cost. B) all opportunity costs will be covered in the short run. C) the price charged is equal to the opportunity cost to society of producing one more unit of the good. D) there cannot be any short-run economic profit.
Which part of this definition for GDP is incorrect? GDP measures the:
a. Market value of, b. All final and intermediate goods and services, c. Produced, d. By domestically owned or foreign-owned resources, e. Over a given period of time.
If the central bank increases the money supply, in the short run, output
a. rises so unemployment rises. b. rises so unemployment falls. c. falls so unemployment rises. d. falls so unemployment falls.
This producer
A. is a perfect competitor.
B. is an imperfect competitor.
C. could be either a perfect or imperfect competitor.