Which of the following is most likely to lead to inflationary monetary policy?
A) declining oil prices
B) resolution of conflict in the Middle East
C) the enactment of a free-trade agreement with Mexico
D) rising unemployment
D
Economics
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In 2012, consumers in Dexter consumed only books and pens. The prices and quantities for 2012 and 2013 are listed in the table above. The reference base period for Dexter's CPI is 2012. What is the inflation rate in 2013?
A) 69 percent B) zero C) 31 percent D) 2 percent
Economics
In deciding on an optimal amount and type of research and development, firms should adhere to the rule: Expand R&D until:
A. expected rate of return is zero. B. expected rate of return equals the interest rate. C. expected rate of return exceeds the interest rate by the greatest amount. D. the interest rate is constant.
Economics