Using Table 6.1, from the 1982-1984 base to 2004, prices increased 
A. by 90.3 dollars per week on monthly bills.
B. 90.3%.
C. 190.3%.
D. 90.3 times.
Answer: B
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According to your text, the central economic task for a society is
A) to eliminate scarcity. B) to assure every household gets what it needs. C) to secure cooperation among people in using what is available to obtain what is wanted. D) to train enough economists to ensure supplies of goods and services will successfully continue to meet demands for goods and services in the future.
Which of the following would cause a decrease in the supply of milk?
A) an increase the price of a product that producers sell instead of milk B) an increase in the price of cookies (assuming that milk and cookies are complements) C) an increase in the number of firms that produce milk D) a decrease in the price of milk
Which of the following is a type of ownership that features a fixed payment?
a. common stock b. preferred stock c. retained earnings d. bonds
The presence of discouraged workers may cause:
A. GDP to be too large. B. the employment rate to be understated. C. the unemployment rate to be overstated. D. the unemployment rate to be understated.