The prices of which of the following goods would be included in the Consumer Price Index?

a. Fighter planes
b. Iron ore
c. Tennis shoes
d. Firefighters' services
e. IBM stock

C

Economics

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The five categories of income used in the income approach to the measurement of GDP are

A) consumption, saving, rental income, corporate profits, and investment. B) employee compensation, net interest, rental income, corporate profits, and proprietor's income. C) employee compensation, consumption, rental income, corporate profits, and proprietor's income. D) employee compensation, saving, rental income, corporate profits, and investment.

Economics

Anything that influences a good's price or the marginal physical product of labor will influence wages

a. True b. False Indicate whether the statement is true or false

Economics