The value of the CPI for the reference base period is always

A) 100.
B) 0.
C) 1.
D) 50.
E) None of the above, because the value of the CPI is not always the same for all reference base periods.

A

Economics

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If a tax is levied on the sellers of a product, then the supply curve will

A. shift up. B. become flatter. C. shift down. D. not shift.

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A worker is unemployed if he:

A) has been working part-time and has been actively looking for full-time work. B) does not have a job and is not actively looking for a job. C) is working from home and drawing a weekly salary. D) does not have a job and has been actively looking for one in the prior four weeks and is available for work.

Economics