The Consumer Price Index is calculated by the
A) Federal Reserve Bank of New York.
B) Department of Commerce.
C) Bureau of Labor Statistics.
D) Department of Labor.
E) Society for Consumer Protection.
C
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In the 1990s the United States' economy generated more than _______ million additional jobs.
A. 5 B. 10 C. 15 D. 20
If Doug is on budget constraint C in the graph shown, what would cause it to shift to budget constraint B?
This graph shows three different budget constraints: A, B, and C.
A. Doug loses his job.
B. Doug finds soda at a warehouse outlet for a lower price.
C. Doug's grocery store raises the price of milk by 10 percent.
D. Doug’s grocery store has lowered all prices by 33 percent.
President Obama is an advocate of free trade, but which of the following actions is contrary to free trade?
A. closing the Cuban prison B. not getting the immigration problem solved. C. imposing a 35% tax on imported tires. D. implementing the stimulus plan.
Which of the following will occur once decisions makers fully adjusted to an increase in prices?
What will be an ideal response?