If the price of a good increases compared to the base year, then the price level also increases

What is meant by the phrase "economic integration?"

What will be an ideal response?

Which of the following is an advantage of using a credit card? a. Credit cards help account holders tap directly into their checking account. b. Credit cards help account holders get a loan from the card issuer

c. Credit cards require a PIN number, and are therefore safe. d. Credit card holders can earn a fixed interest on their accounts. e. Credit cards help eliminate the use of money.