Suppose that the price of one ear of corn was $0.05 in 1920, that the CPI in 1920 was 10, and that in 1990 the CPI was 180 . What is the price of a 1920 ear of corn in 1990 dollars?

List the four ground rules for a well-functioning market

What will be an ideal response?

The federal budget is decided upon by the

A) President of the United States and the United States Treasury. B) the United States Treasury alone. C) President of the United States and the United States Congress. D) President of the United States and the Federal Reserve system. E) United States Congress and the Federal Reserve System.