Suppose the CPI for this year is 133.7. This number means that
A) on average, goods cost $133.70 each this year.
B) prices rose 33.7 percent over the last year.
C) prices rose 133.7 percent over the base year.
D) prices rose 33.7 percent over the base year.
E) prices rose 133.7 percent over the last year.
D
Economics
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A) preparing a private placement. B) requesting the waiving of a restrictive covenant. C) underwriting publicly-sold securities. D) listing the collateral on a loan.
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Purchasing power parity is the theory that nominal exchange rates are determined:
A. by real exchange rates. B. as necessary for the law of one price to hold. C. by the forces of supply and demand. D. as necessary to achieve the fundamental value of the exchange rate.
Economics