Which of the following is a problem when comparing GDPs per capita between nations?

a. Fluctuations in exchange rates affect differences in GDP per capita.
b. GDP per capita fails to measure income distribution.
c. All of the answers are correct.
d. GDP per capita is subject to greater measurement errors for LDCs compared to IACs.

c

Economics

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Suppose that the basket of goods purchased by the typical consumer costs $188.80 this year and it cost $160 in the base year. The CPI this year would be

A) 28.8. B) 85.11. C) 118.0. D) 348.8.

Economics

Under __________ a borrower gets advance approval from the SEC to issue securities up to a certain amount at an unspecified time in the future

A) advance registration B) pre-registration C) guaranteed registration D) shelf registration

Economics