There is a positive correlation between a nation's average annual inflation and the degree of independence of its central bank

What is the best test of an economic theory?

a. its eloquence b. the plausibility of its assumptions c. its ability to predict real-world events, patterns, and changes d. whether it produces implications that are favored by the researcher

To find the percentage change in price,

A. The change in quantity is divided by the average quantity. B. The change in quantity is divided by the change in price. C. The percentage change in quantity demanded is divided by the percentage change in price. D. The change in price is divided by the average price.