People who give erroneous explanations of how they themselves perform a particular task, such as tying their shoelaces or setting prices,
A) cannot be performing the task successfully.
B) may nonetheless perform the task successfully.
C) must be lying.
D) would necessarily perform the task more successfully if they understood it correctly.
B
Economics
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In the period 1950-2011, the inflation rate in the U.S. CPI has
A) varied very little. B) been less variable than the inflation rate in the GDP price deflator. C) been more variable than the inflation rate in the GDP price deflator. D) been substantially equal to the inflation rate in the GDP price deflator every year.
Economics
At which interest rate is the present value of $196.85 three years from today equal to $175 today?
a. 2 percent b. 4 percent c. 6 percent d. 8 percent
Economics