If the CPI is 230 in year 1 and 249 in year 2, what is the approximate percentage change in prices between the two years?
A) 7.6 percent
B) 8.3 percent
C) 15.7 percent
D) 11.4 percent
E) 6.0 percent
B
Economics
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The largest source of the federal tax revenue is ________
A) individual income taxes B) corporate income taxes C) excise taxes D) payroll taxes
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Refer to Figure 7.1. At output level Q1
A) marginal cost is falling. B) average total cost is falling. C) average variable cost is less than average fixed cost. D) marginal cost is less than average total cost. E) all of the above
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