An individual's annual salary is her

Suppose the demand for hot dogs decreases. In the short run, firms that produce hot dogs will experience a fall in prices, which will induce them to

A) decrease production and reduce the number of workers. B) decrease production and increase the number of workers. C) increase production and reduce the number of workers. D) increase production and increase the number of workers.

Suppose the consumer price index (CPI) for a given year is 150 . This means the rate of inflation for the given year is 50 percent

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