Related to the Economics in Practice on p. 647: Surveys by the bank of England suggest that two important factors in influencing consumer perceptions of inflation are ________ and ________.

A. the value of the British pound; the value of the euro
B. gas prices; media attention to price increases
C. interest rates; the unemployment rate
D. food prices; the stock of money

Answer: B

Economics

You might also like to view...

A term to describe one currency in terms of another is

a. Interest rates b. Market price c. Inflation rate d. Exchange rate

Economics

Keynesian economists generally agree that unemployment is more costly than inflation

a. True b. False Indicate whether the statement is true or false

Economics