An investor in an index fund earning 12.3% per year would see an investment of $10,000 increase to approximately ____ in 25 years

The CPI assumes a fixed basket of goods over time. In fact, consumers are likely to change purchasing behavior over time by purchasing less of the goods whose prices have risen by relatively large amounts and by buying more of the goods whose prices have risen less or maybe even fallen. What problem does this cause for measuring the cost of living?

If the economy is operating in the intermediate range of the aggregate supply curve, then the greater the rate of growth of aggregate demand the:

A. Greater the resulting increase in the price level, the greater the rate of growth of output, and the greater the unemployment rate B. Greater the resulting increase in the price level, the lower the rate of growth of output, and the greater the unemployment rate C. Less the resulting increase in the price level, the lower the rate of growth of output, and the greater the unemployment rate D. Greater the resulting increase in the price level, the greater the rate of growth of output, and the lower the unemployment rate