The CPI was 238 in one year and 244 the following year. How much did prices rise between these two years?
A) 2.46 percent
B) 5.50 percent
C) 2.52 percent
D) 0.03 percent
C
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The Immigration Reform and Control Act of 1986:
A. Increased fines on employers who hire illegal immigrants B. Boosted funding for fencing, monitoring, and policing the U.S.-Mexican border C. Created a guest worker program D. Created an amnesty program for illegal immigrants
Which groups tend to have greater difficulties finding employment as a result of the minimum wage?
A) Minorities B) Teens C) Those with little work experience D) All of the above.
All points above a given indifference curve are
A) inferior to any point on the indifference curve. B) preferred to any point on the indifference curve. C) definitely not affordable. D) Both answers Band C are correct.
The achievement of the optimal allocation of society's scarce resources requires that regulators set prices equal to firms marginal cost
a. True b. False