Which of the following would be included in the GDP Price Index, but not the Consumer Price Index?
a. The price of a pair of shoes
b. The price of coffee
c. The price of a used car
d. The price of a bar of soap
e. The price of an aircraft carrier
E
Economics
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According to the table shown, how do we interpret what happened between 2011 and 2014? The cost of living:
A. increased 6 %.
B. increased 1.06 %.
C. decreased 2 %.
D. decreased 0.98 %.
Economics
Making effective monetary policy for the euro zone should be a relatively easy task for the European Central Bank (ECB) since the euro member countries are very similar.
Answer the following statement true (T) or false (F)
Economics