Suppose the CPI last year was 82.3 and this year is 90.9. Based on this information, we can calculate that the inflation rate in 1981 was
A) 10.4 percent.
B) 8.6 percent.
C) 90.9 percent.
D) 82.3 percent.
E) 9.09 percent.
A
Economics
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In the foreign exchange market, an increase in the supply of dollars could be the result of
A) an increase in the expected future exchange rate. B) a decrease in the U.S. interest rate differential. C) a decrease in the exchange rate. D) an increase in the exchange rate. E) an increase in the U.S. interest rate differential.
Economics
The ________ effect can be divided into the ________ effect and the ________ effect
A) marginal; substitution; price B) income; substitution; price C) substitution; price; income D) price; substitution; income
Economics