The table above has information about the CPI, nominal wage rate, and nominal interest rate for the country of Syldavia for the years 2010 to 2012. The reference base year is 2011. The inflation rate in Syldavia from 2011 to 2012 was
A) 8.4 percent. B) 8.0 percent. C) 4.0 percent. D) 3.0 percent. E) 10.3 percent.
A
Economics
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Refer to the information above. If the level of production in the economy equals 3000, the amount of saving equals ________ and the level of unintended inventory investment equals ________
A) 200; 200 B) 200; -200 C) 1200; 600 D) 1200; -600
Economics
The combination of psychology and economics to determine individual decision making is known as
A) behavioral economics. B) psychonomics. C) the rule of thumb. D) positive analysis.
Economics