Pure public goods involve positive externalities.

A. True
B. False
C. Uncertain

A. True

Economics

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Most currency trades in London do not involve the British pound

Indicate whether the statement is true or false

Economics

The consumer price index (CPI) was 180 for 2009 when using 1995 as the base year (1995 = 100). Now suppose we switch and use 2009 as the base year (2009 = 100). What is the CPI for 1995 with the new base year?

A) 18.0 B) 55.6 C) 80.0 D) 111.2

Economics