Suppose the CPI has been overstating the increase in the cost of living by 1% for 25 years, the total impact of that 25 years later is

a. less than 25%
b. exactly 25%
c. negligible since it is only 1% per year
d. more than 25%
e. 24%

Economics

The tendency for the values of two variables to move in a predictable and related way is known as

A) a natural experiment. B) a normative relationshi

View

Economics

Cash should be deposited weekly so it can be counted several times before being sent to the bank.

a. true b. false

View

Economics