Suppose the CPI was 104 in 1967, and suppose currently the CPI is 390 . According to the CPI, $10 in 1967 purchased the same number of goods and services as

Price fixing tends to result in ________ prices and ________ society's wealth

A) higher; increases B) higher; reduces C) lower; increases D) lower; reduces

Asymmetric information refers to a situation where people who pose the greatest risk to insurers are the ones who buy insurance

Indicate whether the statement is true or false