The inflation rate between last year and this year was 14 percent. The CPI was 118 this year. What was the CPI last year?

The Dodd-Frank legislation of 2010 permanently increased the federal deposit insurance to

A) $40,000. B) $100,000. C) $200,000. D) $250,000.

The short-run price elasticity of demand for refrigerators is relatively inelastic

Indicate whether the statement is true or false