In the United States, most often the ________ changes first, and the ________ follows
A) CPI; PPI
B) GDP deflator; CPI
C) PPI; CPI
D) PCE; CPI
C
Economics
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The above figure shows the market for rice in Japan. S represents the domestic supply curve, and the horizontal line at P =1 represents the world supply curve. If imported rice is banned, the loss in social welfare is
A) a + b + c + d + e. B) a. C) c + e. D) i.
Economics
The first bankers were
A) sheriffs. B) goldsmiths. C) clergy. D) innkeepers. E) economists.
Economics