If 2010 is the base year in the table shown above, what is the price index for the year 2010?
A. 100.0
B. 141.7
C. 147.1
D. 121.3
Answer: A
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Prices and returns for ________ bonds are more volatile than those for ________ bonds, everything else held constant
A) long-term; long-term B) long-term; short-term C) short-term; long-term D) short-term; short-term
A surplus will result whenever the:
a. government imposes a price floor below the equilibrium price. b. government imposes a price ceiling below the equilibrium price. c. government imposes a price floor above the equilibrium price. d. government imposes a price ceiling above the equilibrium price.
Each trading nation can gain by specializing in producing those things for which it is a low-opportunity cost producer. This statement best describes the implications of the
a. free rider problem. b. law of comparative advantage. c. infant-industry argument. d. law of diminishing marginal returns.
What evidence is there as to job gains and losses in the U.S. due to free trade agreements?
What will be an ideal response?