If indifference curves are concave to the origin, which assumption on preferences is violated?

Which of the following is NOT a source of bias in the CPI?

i. quality change bias ii. new goods bias iii. quantity change bias A) ii and iii B) iii only C) i only D) ii only E) i and ii

Financial markets serve as the

A) primary source of funds for financial intermediaries. B) means of converting cash into tangible assets. C) transmission mechanism between savers and borrowers. D) economic system's ultimate source of funds.