If the quality of items improves over time, the CPI ________ inflation

The signaling aspect of the market system refer to

A) legal requirements for contracts and exchanges. B) the price of the good to the consumer and producer. C) the voluntary character of the exchange. D) transaction costs of carrying out exchanges.

The U.S. Congress passed a stimulus bill in February 2009 to help remove the economy from a recessionary gap. This is an example of the use of

A) expansionary monetary policy. B) contractionary monetary policy. C) contractionary fiscal policy. D) expansionary fiscal policy.