In the above table, the inflation rate between 2013 and 2014 is approximately
A) 9 percent.
B) 10 percent.
C) 100 percent.
D) 110 percent.
B
Economics
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In a small open economy, an increase in government spending, while taxes remain the same, will be accompanied by
A) a decrease in private investment and an increase in privates saving. B) an increase in private investment and a decrease in private savings. C) a decrease in national savings and an increase in foreign borrowing. D) an increase in national savings and a decrease in foreign borrowing.
Economics
If this is a closed economy, how many bikes will be produced?
A. 50,000 thousand B. 100,000 thousand C. 80,000 thousand D. 20,000 thousand
Economics