Which of the following is not an advantage of the chain weighted CPI over the fixed CPI?
a. the chain-type index includes newer products
b. the chain index incorporates the increase in the quality of goods
c. the chain index includes discounting and the substitution of products
d. the chain index includes the price of the product only at standard prices
d. the chain index includes the price of the product only at standard prices
Economics
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As part of the "exchange rate effect of monetary policy," a lower money supply causes a __________ interest rate and thus __________ of the domestic currency
A) higher; appreciation B) higher; depreciation C) lower; appreciation D) lower; depreciation
Economics
China is the only country that runs large trade surpluses
Indicate whether the statement is true or false
Economics