If the price level increases from 200 in year 1 to 220 in year 2, the rate of inflation from year 1 to year 2 is
A) 20%.
B) 10%.
C) 11%.
D) 120%.
B
Economics
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Answer the following statement true (T) or false (F)
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Refer to Scenario 10.1. How much profit will she make?
A) -996 B) 0 C) 1,296 D) 1,568 E) none of the above
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High marginal tax rates will
What will be an ideal response?
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Drug companies tend to attribute higher drug prices on
A. doctors distributing too many free samples. B. high invention costs and long testing processes. C. high invention costs. D. long testing processes.
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