The second largest category, by relative importance, in the CPI calculation is

a. housing.
b. apparel.
c. transportation.
d. medical care.


Answer: c. transportation.

Economics

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If a person attends a public college and is not hired because the boss went to a private college, this might be an example of

A) statistical discrimination. B) racial discrimination. C) screening. D) moral hazard.

Economics

Economics is primarily the study of...

What will be an ideal response?

Economics

What is the amount of money a person has left of his or her income after taxes called?

(A) Disposable personal income (B) National income (C) Personal income (D) Aggregate income

Economics

The federal funds rate:

A. can never be close to zero. B. may sometimes be targeted at zero. C. is an intermediate target of the Fed's monetary policy. D. is always slightly higher than the discount rate.

Economics