The Consumer Price Index (CPI) excludes goods imported from other countries and consumed by residents of the United States
a. True
b. False
B
You might also like to view...
In the figure above, if the government provides a subsidy to colleges of $6,000 per student per year, what is the tuition?
A) $10,000 per year B) $12,000 per year C) $8,000 per year D) $6,000 per year
As a percentage of total federal revenue, excise taxes have _____
a. risen slightly since 1960 b. remained constant since 1960 c. risen considerably since 1960 d. fallen since 1960
Firms face downward sloping demand curves in
A) monopolies only. B) monopolies and oligopolies only. C) monopolies and oligopolies that collude only. D) all market structures except perfect competition.
Which of the following will not result in a leftward shift of the market demand curve for labor?
a. a decrease in labor productivity b. a decrease in demand for the firm's product c. an increase in the wage rate d. a decrease in the firm's product price