If the consumer price index changes from 125 in September to 150 in October, what is the rate of inflation?

Consumers tend to maximize:

a. marginal utility. b. marginal utility per dollar. c. total utility. d. money holdings. e. consumer surplus.

When the price of nuclear missiles rises, this change is reflected in the CPI but not in the GDP deflator

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