Let S = y - (100 + 0.75y). Assume no government or foreign sectors. At the equilibrium level of income, y* = 400, the level of investment is

Economists generally agree that increases in the minimum wage increase employment

Indicate whether the statement is true or false

If the CPI was 196.5 in 2005 and 172.2 in 2000, by what percentage did prices rise during the period 2000-2005?

A) 0.10 percent B) 6.43 percent C) 10 percent D) 14.1 percent