From 2013 to 2014, the CPI for medical care increased from 150 to 159 . What was the inflation rate for medical care?
a. 5.7 percent
b. 6.0 percent
c. 9.0 percent
d. 59.0 percent
Answer: b. 6.0 percent
Economics
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Which of the following is not an example of a noncooperative oligopoly model?
A) The kinked demand curve model. B) The model of limit pricing. C) The prisoner's dilemma game. D) The cartel model.
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The marginal cost curve intersects the average total cost and average variable cost curves at their minimum points
Indicate whether the statement is true or false
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