A fixed-weight price index provides less accurate changes than a chain-weighted system
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
Transfer programs that do not tie benefits to contributions are called
a. social insurance programs b. income assistance programs c. health aid programs d. bonus programs e. compensation programs
Clark wishes to buy books and pens. Clark's best choice would be: a. choosing a consumption bundle that lies above the budget line
b. choosing a consumption bundle that lies below the budget line. c. choosing the consumption bundle where his highest indifference curve is tangent to the budget line. d. choosing the consumption bundle where his lowest indifference curve first intersects the budget line.
In recent years, the Federal Reserve has conducted policy by setting a target for the
a. size of the money supply. b. growth rate of the money supply. c. federal funds rate. d. discount rate.
The Fed can raise the discount rate when it wants to:
A. decrease the money supply. B. increase the money supply. C. decrease the budget deficit. D. increase the budget deficit.