If the price index last year was 100 and today it is 167, what is the inflation rate over this period?

A) 33 percent B) -67 percent C) -6.7 percent D) 167 percent E) 67 percent


E

Economics

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The reason poor, young, unmarried women allow themselves to get pregnant is so they can get on welfare, according to conservatives like ____________.

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

Economics

Karen, Tara, and Chelsea each buy ice cream and paperback novels to enjoy on hot summer days. Ice cream costs $5 per gallon, and paperback novels cost $8 each. Karen has a budget of $80, Tara has a budget of $60, and Chelsea has a budget of $40 to spend on ice cream and paperback novels. Who can afford to purchase 5 gallons of ice cream and 8 paperback novels?

a. Karen, Tara, and Chelsea b. Karen only c. Tara and Chelsea but not Karen d. none of the women

Economics

1. Money market mutual funds held by individuals 2. Savings deposits, including money market deposit accounts 3. Money market mutual funds held by businesses 4. Currency held by the public 5. Small time deposits 6. Checkable deposits Refer to the list above. The M1 money supply is composed of items:

4 and 6 1 and 4 5 and 6 6 and 7

Economics

In the above figure, point B is called

A. the maximum efficient scale. B. the point of diminishing marginal product. C. the minimum efficient scale. D. the planning horizon.

Economics