Which of the following generation categories has the largest population in the United States in 2015?

Which of the following is NOT a condition that helps enforce a cartel agreement?

A) a small number of firms B) nearly homogeneous products C) easily observable prices D) large variation in input prices

The price index was 150 in the first year, 160 in the second year, and 165 in the third year. Which of the following statements is correct?

a. The price level was higher in the second year than in the first year, and it was higher in the third year than in the second year. b. The inflation rate was positive between the first and second years, and it was positive between the second and third years. c. The inflation rate was lower between the second and third years than it was between the first and second years. d. All of the above are correct.