The Consumer Price Index (CPI) measures
A) the prices of a few consumer goods and services.
B) the prices of those consumer goods and services that increased in price.
C) the average of the prices paid by urban consumers for a fixed market basket of goods and services.
D) consumer confidence in the economy.
E) the average of the costs paid by businesses to produce a fixed market basket of consumer goods and services.
C
Economics
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A country reports that its government outlays total $0.8 trillion and its tax revenues total $0.6 trillion. Does the country have a budget surplus or deficit and what is the surplus or deficit?
What will be an ideal response?
Economics
M1 does not include
A) MMMFs. B) travelers' checks. C) currency. D) transaction accounts.
Economics