Answer the question below based on the following price and output data over a five-year period for an economy that produces only one good. Assume that year 2 is the base year.YearUnits of OutputPrice per Unit18$22103315441855206If year 2 is the base year, the Consumer Price Index for year 1 is

A. 67.
B. 150.
C. 100.
D. 50.

Answer: A

Economics

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The clearest indicator of a switch to a less expansionary fiscal policy is a

A) rise in the actual deficit. B) fall in the actual deficit. C) rise in the natural employment deficit. D) fall in the natural employment deficit.

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According to Hughes and Cain (2011), what did the Populists want?

(a) To use the federal government to redistribute income and wealth (b) A more direct democracy that limited the powers of state legislatures (c) A secret voting ballot and public education (d) All of the above

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