The information in the above table gives the 2000 base period market basket and prices used to construct the CPI for a small nation. The table also has 2010 prices. What is the value of the CPI for 2010?

We can use a per-worker production function in the Malthusian model because

A) there is a representative worker. B) firms are competitive. C) there is a steady state. D) the production function has constant returns to scale.

A minimum wage policy induces an:

A) excess demand for labor. B) excess supply of labor. C) efficient market outcome. D) elastic labor supply response.