Even though the catalogs listed in the Application were reissued every six months, the prices which were tracked in these retail catalogs
A) were not listed due to low rates of inflation. B) changed every month.
C) tended to fall during periods of high inflation. D) were typically fixed for a year or more.
D
Economics
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Which of the following will not cause consumption, and as a result, aggregate demand, to increase?
a. an optimistic business forecast of future income growth b. a tax cut c. an increase in consumer confidence d. a tax increase
Economics
Henri earned a salary of $50,000 in 2001 and $60,000 in 2012 . The consumer price index was 177 in 2001 and 225 in 2012 . Henri's 2001 salary in 2012 dollars is
a. $39,333.33. b. $74,000.00. c. $89,333.33. d. $63,559.32.
Economics