If the CPI changed from 210.6 in 2007 to 209.4 in 2008 to 206.3 in 2009, this would be an example of
A. disinflation.
B. escalating inflation.
C. creeping inflation.
D. deflation.
D. deflation.
Economics
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Why do some people tip generously at restaurants to which they never plan to return?
What will be an ideal response?
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When there is a current account deficit, it is likely that
A) exports exceed imports for the country. B) the country is an exporter of capital. C) the financial account has a surplus. D) the country has a budget surplus.
Economics