The price index was 128 in 2013, and the inflation rate was 24 percent between 2012 and 2013 . The price index in 2012 was
a. 104.0.
b. 103.2.
c. 158.7.
d. 152.0.
b
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What is true of equilibrium in the game in Scenario 13.14?
A) In equilibrium, both firms choose Q = 50. B) In equilibrium, both firms choose Q = 100. C) There are two equilibria, at Q = 50 and at Q = 100. D) The only equilibrium is in mixed strategies. E) The two equilibria are those associated with the (40,30 ) outcome and the (30,40 ) outcome.
By 1850, the predominant port in the U.S. was
a. Charleston. b. New Orleans. c. Savannah. d. New York.
Fiscal policy is:
A. easy to enact but slow to affect the economy. B. difficult to enact but quick to affect the economy. C. easy to enact and quick to affect the economy. D. difficult to enact and slow to affect the economy.
Refer to the information provided in Figure 23.1 below to answer the question(s) that follow.
Figure 23.1Refer to Figure 23.1. At income level ________, this household's saving is greater than zero and this household's consumption is greater than zero.
A. -$200 B. $800 C. $1,000 D. $1,500