If the cost of food & beverages increases by 10 percent, then, other things the same, the CPI is likely to increase by about
a. 1.5 percent.
b. 7.5 percent.
c. 10 percent.
d. 20 percent.
a
Economics
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What role does research and development play in increasing productivity?
What will be an ideal response?
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If Italy can produce grapes at a lower opportunity cost than any other nation, Italy is said to have a(n) ________ in the production of grapes
A) comparative disadvantage B) autarky C) comparative advantage D) absolute advantage
Economics