Based on the table above, the CPI for 2013 is
A) 100. B) 105.1. C) 98.5. D) 5.0%. E) 102.5.
A
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If the annual returns from an asset increase, the present value of the asset will
a. not be affected b. decrease c. increase d. increase only if there is also an increase in the rate of interest e. decrease only if there is also an increase in the rate of interest
All else being equal, if the prospect of a recession leads the Federal Reserve to ease monetary policy, the equilibrium value of the exchange rate for the U.S. dollar will:
A. either rise or fall depending on whether the supply or demand for dollars changes more. B. fall. C. remain fixed. D. rise.
Which of the following are considered factors of production used to produce goods and services? I. Land II. Labor III. Capital IV. Entrepreneurship
A) I and II only B) I and III only C) I, II and III only D) I, II, III and IV
Supply-side fiscal policies focus on improving the incentives to work, save, and invest
a. True b. False Indicate whether the statement is true or false