The device used by the BLS to adjust the market basket more frequently, while still retaining the ability to make inflation calculations, is
A. chain-based indexing.
B. chain-mail indexing.
C. envelop indexing.
D. automatic indexing.
Answer: A
You might also like to view...
If households and firms decide to hold less of their money in checking account deposits and more in currency, then initially, the money supply
A) will decrease. B) will not change. C) will increase. D) may increase or decrease.
When someone takes out a mortgage loan to buy a house, the mortgage lender can take possession of the house and sell it if the borrower defaults on the loan because the house is being pledged as ________ for the loan
A) collateral B) insurance C) a liability D) goodwill
Many people fall victim to the gambler’s fallacy, even when they’re not gambling. Which of the following is an example of such a situation?
a. waiting to purchase a car until a dealership holds its annual year-end sale b. buying a puppy of the same breed as the dog you had growing up because you liked your childhood dog so much c. expecting that a couple will have a baby boy next because all their other children are girls d. driving cautiously because you have a perfect driving record that you want to maintain
Exhibit 5-4 Demand curves for silver
?
Assume that a wealthy buyer, Mr. Hunt, declares that he will purchase any amount of silver at a price of $125 an ounce. In Exhibit 5-4, which graph illustrates the shape of the demand curve for silver?
A. Graph A. B. Graph B. C. Graph C. D. Graph D.