Which of the following measures gives the earliest warning of increasing inflation?
A) the Consumer Price Index
B) the Producer Price Index
C) the Personal Consumption Expenditure Index
D) All of these should signal the same short-run inflation.
B
Economics
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In the United States and other high-income countries, capital's share and labor's share of total income have been about ________, respectively
A) 1/2 and 1/2 B) 4/5 and 1/5 C) 1/3 and 2/3 D) 3/4 and 1/4
Economics
The circular flow diagram illustrates the flow of resources between households and government
a. True b. False Indicate whether the statement is true or false
Economics