Refer to Exhibit 6-1. Prices rose by __________ percent from Year 1 to Year 2.

a. 1.38
b. 0.14
c. 1.29
d. 1.94
e. 3.00

Answer: a. 1.38

Economics

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In the United States in 2014, the percentage of people with some form of health insurance was about

A) 10%. B) 36%. C) 55%. D) 90%.

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You are given the following consumption function C = 50 + .80YD. What is the amount of autonomous consumption expenditures?

A) 75 B) 100 C) 5 D) 50

Economics