The market basket of goods and services used to calculate the consumer price index [CPI] by the Department of Labor in the U.S. changes only every two years

High money prices for scarce goods

A) are one among many possible causes of their scarcity. B) are the basic cause of their scarcity. C) are the effect of their scarcity. D) have nothing to do with their scarcity, because almost all goods are scarce.

Lowering a fixed exchange rate by a government is called a(n) __________ of that rate

A) devaluation B) revaluation C) appreciation D) depreciation