The items included in the CPI are
A) final goods produced in the United States.
B) final goods and services produced in the United States.
C) goods and services consumed by the typical urban household.
D) only goods and services produced within the current year and consumed by the typical household.
E) goods but not services consumed by the typical urban household.
C
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Why is opportunity cost a ratio?
What will be an ideal response?
If wage falls below the rate determined by the market equilibrium, in which direction will it move and why?
Currently, college graduates are earning about ____ more than high school grads over the course of their careers
a. $100,000 b. $1,000,000 c. 25% d. 60%
In the United States, the ________ has the official responsibility for foreign exchange intervention.
A. State Department B. Treasury Department C. International Trade Commission D. Department of Commerce