The global financial crisis that began in 2008 was a great illustration of how interdependent national economies are

Suppose the market basket of consumer goods and services costs $180 using the base period prices, and the same basket of goods and services costs $300 using the current period prices. The CPI for the current year period equals

A) 166.7. B) 66.7. C) 160.0. D) 60.0. E) 300.0.

Refer to Figure 5-6. What is the market equilibrium output level?

A) Q2 B) Q1 + Q2 C) Q2 - Q1 D) Q1