Which of the following is an alternative measure of exchange rate proposed by The Economist magazine?
A) The midcap index B) The Consumer Price Index
C) The Big Mac Index D) The GDP deflator
C
Economics
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A general increase in the price level is called:
A. hyperinflation. B. deflation. C. inflation D. devaluation.
Economics
If disposable income increases by $100 million, and consumption increases by $90 million, then the marginal propensity to consume is
A) 0.9. B) 0.8. C) 0.75. D) 0.6.
Economics