A(n) ________ in the riskiness of corporate bonds will ________ the price of corporate bonds and ________ the yield on corporate bonds, all else equal

Most economists believe that price indices

A) understate inflation and understate growth in real GDP. B) understate inflation and understate growth in nominal GDP. C) overstate inflation and understate growth in real GDP. D) overstate inflation and understate growth in nominal GDP.

In recent years, average household income in the United States was highest for households headed by someone aged

A) 35 to 44. B) 45 to 54. C) 55 to 64. D) 65 and over.