The CPI may overstate inflation for all the following reasons except
A) problems measuring changes in the quality of goods.
B) substitution by consumers towards cheaper goods.
C) problems measuring the quality of services.
D) changes in Social Security benefits.
D
Economics
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The above table shows production points on Sweet-Tooth Land's production possibilities frontier. Which of the following is an example of a point that is inefficient?
A) 0 chocolate bars and 100 cans of cola B) 20 chocolate bars and 80 cans of cola C) 32 chocolate bars and 40 cans of cola D) 38 chocolate bars and 0 cans of cola
Economics
List and define two types of capital income
What will be an ideal response?
Economics