When the CPI rises ________, the inflation rate is ________
A) rapidly; low
B) rapidly; high
C) steadily; zero
D) slowly; high
E) rapidly; either high, low, or zero depending on whether production of output is increasing, decreasing, or not changing.
B
Economics
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A natural monopoly is any market in which competition and entry are restricted by the granting of a public franchise, government license, patent, or copyright
Indicate whether the statement is true or false
Economics
Income assistance benefits are
a. taxed at a high marginal rate, in the sense that benefits sharply decrease as earned income increases b. taxed at a 20 percent marginal rate c. taxed at a high marginal rate in order to provide work incentives d. unaffected by increases in earned income e. positively related to income from other sources
Economics