Two years ago, the GDP deflator for Old York was 300, and today it is 330.75. Based on this information the annual average inflation rate for the two years was

A) 5%.
B) 5.125%.
C) 10%.
D) 10.25%.


A

Economics

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The right to own or control a resource is called a ________

Fill in the blank(s) with correct word

Economics

Jed had an exam score of 50 percentage points. There is an extra credit assignment that Jed can complete that will raise his exam score by 20 percentage points. Jed has determined that the extra credit assignment will take 10 hours of his time

Jed will complete the assignment he values the A) 20 percentage points more than the 10 hours of his time. B) 10 hours of his time more than the 20 percentage points. C) 70 percentage points more than the 10 hours of his time. D) wants a higher score.

Economics

Which of the following terms describes a restrictive practice that involves forcing the purchase of a second good when purchasing another good?

a. Exclusive dealing b. Predatory pricing c. Tying d. Bundling

Economics

Which of the following is NOT a communication pattern?

a. chain b. circle c. wheel d. arc

Economics