Suppose the current price of DVDs is $16, while its base-year price is $11.50 . The value of the price index for the current year is approximately:
a. 139
b. 39
c. 25
d. 160
e. 172
a
Economics
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Money serves as a standard of deferred payment when
A. It can be easily store today and used for transactions in the future B. Payments agreed to today but made in the future are in terms of money C. Sellers are willing to accept it in exchange for goods or services
Economics
Mutual funds may contain:
A. stocks only. B. bonds only. C. either stocks or bonds. D. neither stocks nor bonds.
Economics