Which of the following indexes is best suited to measure wage inflation?
a. The Producer Price Index
b. The International Price Index
c. The Employment Cost Index
d. The Personal Consumption Expenditure Index
c
Economics
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If the government imposes a price ceiling below the market equilibrium price, then:
a. c and d. b. there will be excess supply. c. there will be excess demand. d. the intent is to benefit consumers. e. the intent is to benefit producers.
Economics
Between 1968 and 2008 the percentage share of income that went to the top quintile
A. fell substantially. B. fell somewhat. C. stayed about the same. D. rose substantially.
Economics