The percent increase in the CPI from one year to the next is a measure of the
A) real interest rate. B) inflation rate.
C) GDP deflator. D) unemployment rate.
B
Economics
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The figure above shows supply curves for soft drinks. Suppose the economy is at point a. A movement to point b could be the result of
A) an increase in technology. B) a decrease in the relative price of a soft drink. C) an increase in the relative price of a soft drink. D) an increase in the money price of a soft drink.
Economics
If the shoplifter knows that the security guard has a reputation of always being vigilant, what is his best response?
a. Steal b. Not steal c. Run d. Hide
Economics