If this year's price level is 126 and last year's price level was 120, the inflation rate is ________

A) 0.95 percent a year
B) 5 percent a year
C) 6 percent a year
D) 1.05 percent a year

B

Economics

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The financial account is defined as

A) the value of the country's net sales of assets. B) the sum of net exports, net income received from investments abroad, and net transfers abroad. C) the sum of gross income received from investments abroad and as net transfers abroad. D) net transfers abroad.

Economics

Using the demand schedule in the above table, if the firm's marginal cost is constant at $3.00, output for a perfectly price discriminating monopolist is

A) 2 units. B) 3 units. C) 4 units. D) 5 units.

Economics