Macroeconomic stability has been a high priority for the economic policies of the high-growth Asian economies
Indicate whether the statement is true or false
TRUE
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Based on the CPI, how do we measure annual inflation?
a. We compute the total price of a fixed set ("market basket") of goods and services in a base year, such as 2003, and in a future year, such as 2004. b. We get CPI for 2004 by multiplying the 2004 total cost with the 2003 total cost, and divide by 100 . A similar calculation will yield the CPI value for 2003. c. We get CPI for 2004 by adding the CPI value for 2003 to the CPI value for 2004, and multiply by 100. d. We compute the total cost of a fixed set ("market basket") of goods and services in a base year, such as 2003, and in a future year, such as 2004.
If all of your friends use the same instant messaging service provider, you are likely to use it too. This behavior may create
A. A network economy. B. Distribution control. C. Cartels. D. Nonprice competition.