A CPI miscalculation that overstates its increase by 0.8 percentage points will cause
A. standard deduction to rise too slowly.
B. the price of services to rise.
C. the price of goods to rise.
D. standard deduction to rise too quickly.
Answer: D
Economics
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Which of the following helps explain why the law of supply exists?
A) Larger outputs result in lower costs of production. B) The law of increasing opportunity cost C) The costs of production remain constant throughout all levels of output. D) Sellers realize that if the price increases, they make larger profits and do not need to change their production. E) The law of demand
Economics
Loans by the Federal Reserve to banks are known as
A) repurchase agreements. B) Federal funds. C) discount loans. D) cash items in the process of collection.
Economics