The consumer price index (CPI) _____ inflation because it includes an item in the market basket only after the product becomes _____

Evidence indicates that tariffs and quotas are

A) beneficial for producers in a protected industry, but not beneficial for the workers in the industry. B) beneficial for producers in a protected industry, but not beneficial for consumers. C) beneficial for workers in a protected industry, but not beneficial for consumers. D) not beneficial for the workers in a protected industry or for consumers. E) b and c

As the recession persisted into 2009, the unemployment rate in the United States rose to ________, the highest rate since the recession of 2001-2002 and the second highest since the Great Depression

A) 5.5 percent B) 9.3 percent C) 17.6 percent D) 25.1 percent