In terms of the circular flow diagram, households make expenditures in the _____ market and receive income through the _____ market

In constructing the consumer price index for the current year

A. the average price of a "bundle" of goods purchased in a base year is divided by the prices of the same bundle that existed during the current year. B. the average price of a "bundle" of goods purchased during a base year is divided into the price that existed in the current year. C. the total cost of a "bundle" of goods purchased in a base year is divided by the cost of the same bundle that existed during the current year. D. the total cost of a "bundle" of goods purchased in a base year is divided into the cost of the same bundle that existed during the current year.

Which of the following is false?

A. The federal government's fiscal year begins on October 1. B. The largest federal government purchase of final goods and services is Social Security. C. The corporate income tax is a direct tax.