If the Consumer Price Index was 90 in one year and 100 in the following year, then the rate of inflation is about:

William and Jamal live in the country of Dumexia. As a result of Dumexia's legalization of international trade in bananas, William becomes better off and Jamal becomes worse off. It follows that William is a seller, and Jamal is a buyer, of bananas

a. True b. False Indicate whether the statement is true or false

Barbara is a retailer of propane and propane accessories. As she designs her store layout for the new season, she recalls that a tax has just been removed from propane and propane products. If her store reflects the overall market, how should this knowledge influence her design?

a. She should make the propane area larger because more propane will be sold. b. She should leave the propane area the same size because the same amount of propane will be sold. c. She should make the propane area smaller because less propane will be sold. d. She should close the propane area until a new tax is added to propane.