From 2013 to 2014, the CPI for medical care increased from 150 to 159 . What was the inflation rate for medical care?

Economic growth depends on

A) low tax rates. B) high government spending. C) high rates of consumption. D) increases in the capital stock as a result of saving.

The demand for cars in a certain country is given by: D = 20,000 - P, where P is the price of a car. Supply by domestic car producers is: S = 5,000 + 0.5P. Suppose the economy is closed. The equilibrium price of a car is ________ and equilibrium quantity is____.

A. $8,000; 12,000 B. $6,000; 14,000 C. $12,000; 8,000 D. $10,000; 10,000