Suppose the price index was 105 in 2017, 126 in 2018, and the inflation rate was lower between 2018 and 2019 than it was between 2017 and 2018 . This means that
a. the price index in 2019 was lower than 126.0.
b. the price index in 2019 was lower than 147.0.
c. the price index in 2019 was lower than 151.2.
d. the inflation rate between 2018 and 2019 was lower than 1.2 percent.
c
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Define and give an example of how a spell of structural unemployment can begin
What will be an ideal response?
Owners of a corporation ________ through dividend payments on shares of that firm's stock
A) retain earnings of the firm B) issue bonds for the firm C) share in the profits of the firm D) indirectly finance the firm
If interest rates fall without any corresponding change in income, then it is possible according to the IS-LM model that
a. money demand fell and government spending declined. b. the money supply increased and taxes declined. c. tight monetary policy and easy fiscal policy. d. easy monetary policy and easy fiscal policy.
Mary is maximizing utility by eating three pancakes and two eggs. The principle of rational choice says that if there is diminishing marginal utility and the price of eggs rises, Mary will choose to eat more pancakes and fewer eggs.
Answer the following statement true (T) or false (F)