Recall the Application about the time involved in including cell phones in the calculation of the Consumer Price Index (CPI) to answer the following question(s).According to this Application, cell phones were introduced to the public in 1983, but it took the Bureau of Labor Statistics ________ to include them in calculating the Consumer Price Index (CPI).
A. 3 years
B. 7 years
C. 15 years
D. 24 years
Answer: C
You might also like to view...
James used $250,000 from his savings account that paid an annual interest of 15% to purchase a hardware store. After one year, James sold the business for $320,000 . What is his accounting profit?
a. $320,000 b. $70,000 c. $282,500 d. $32,500
In the United States, most income comes from
a. capital gains b. stocks and bonds c. providing labor resources d. illegal transactions e. government transfer payments
Compared to proportional-representation systems, two-party systems are thought to lead to:
A. more centrist politics. B. a greater variety of policy getting passed. C. very little legislation actually getting passed. D. less centrist politics.
On the graph above, output is above planned expenditures at point ________
A) A B) B C) G D) H E) none of the above