Refer to the above table. You are given information on Celine's consumption for 2005 and 2015. Using 2005 as the base year compute the price index for 2015. The index equals
A. 0.4035.
B. 247.826.
C. 0.2478.
D. 40.35.
Answer: B
Economics
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A conclusion from the study of automobile markets by Allen Jung of the University of Chicago was that:
a. the more experienced buyers got better deals. b. dealer characteristics had considerable influence on the prices they offered. c. variation in the offered price by dealers of cars was uniform. d. there was little or no difference between the average prices quoted to different types of buyers.
Economics
Countries with low GDP per person tend to have
a. lower rates of child malnutrition. b. fewer infants with low birth weight. c. higher rates of infant mortality. d. more access to safe drinking water.
Economics