Considering the data in the table shown above and 2010 as the base year, what is the inflation rate between years 2010 and 2015?
A) 0.0 percent
B) 41.7 percent
C) 17.1 percent
D) 3.4 percent
B
Economics
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A sufficient measure of the effectiveness of government redistribution is to look at the overall level of taxpayer dollars spent on redistributive activities
a. True b. False
Economics
Which of the following indicates that the average standard of living is rising?
a. Real GDP decreases faster than the price level. b. Real GDP increases faster than the price level. c. The population increases. d. Real GDP increases faster than the population. e. Population increases faster than real GDP.
Economics