The technique currently used to calculate the CPI implicitly assumes that over time consumers buy
A) relatively more of goods whose relative prices are rising.
B) relatively less of goods whose relative prices are rising.
C) the same relative quantities of goods as in a base year.
D) goods and services whose quality improves at the rate of growth of real income.
C
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Over the last 40 years in the U.S
a. output and real wages have increased, while the capital-to-labor ratio has remained constant. b. output, real wages, and the capital-to-labor ratio have all increased. c. output has increased while real wages and the capital-to-labor ratio has remained constant. d. output and real wages have increased, while the capital-to-labor ratio has fallen.
If found guilty of violating antitrust law in their respective countries, managers in ________ and ________ can be imprisoned.
A) China; United States B) Japan; European Union C) United States; European Union D) China; European Union
Which of the following is a problem encountered in a transaction involving a principal/agent relationship?
a. Absence of monitoring and supervision b. Excessive dependence on forecasts and expectations c. High investment in industry specific assets d. Government interference and market volatility
Current assets minus current liabilities equals
a. profit b. equity c. capital d. revenue e. net working capital