Many economists believe the bias in the CPI is now only about half as large as it once was
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following is the best measure of the total amount that the federal government owes to private owners of U.S. Treasury securities?
A) the government budget deficit B) the gross public debt C) government interagency borrowing D) the net public debt
The above table gives the demand and supply schedules for cat food. If the supply increases by 20 tons at every price, what is the new equilibrium price and quantity?
What will be an ideal response?
Profit can be earned by buying _____________ and selling ____________________
A) at one price; at the same price B) low; high C) high: low D) none of the above
The Japanese yen will appreciate against the dollar if
A. U.S. residents demand fewer Japanese goods. B. U.S. residents demand more Japanese goods. C. Japanese residents demand more U.S. goods. D. none of these.