Refer to Table 20-19. Looking at the table above, what is the rate of growth of the average price level from 2014 to 2015?

A) 1% B) 2% C) 3% D) 4% E) 5%

E

Economics

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If crop dusting on your farm causes your neighbors to have sore throats, then crop dusting is creating

A) only explicit costs. B) opportunity costs. C) external costs. D) internal costs.

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The Federal Reserve Open Market Committee allows representatives of the President and Congress to sit on its meetings

a. True b. False

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