The money price of a good is also known as its
A) relative price.
B) comparative price.
C) absolute price.
D) subjective price.
Answer: C
Economics
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The percent increase in the CPI from one year to the next is a measure of the
A) real interest rate. B) inflation rate. C) GDP deflator. D) unemployment rate.
Economics
Which of the following describes a firm?
a. Purchases labor hours from workers b. Borrows capital from investors c. Combines labor and capital to create production, moving them from their low value use to high value use d. All of the above
Economics