The adjustment of nominal incomes to changes in the price level (CPI) is fixed because of the:
a. volatility of investment spending
b. existence of long-term contracts.
c. complete information possessed by workers.
d. all of the above.
b
Economics
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Which of the following statements correctly characterizes changes in farming and agriculture land during the period between 1870 and 1900?
a. The number of farms rose, but the number of acres under cultivation fell. b. The number of farms fell, but the number of acres under cultivation rose. c. The number of farms, as well as the number of acres under cultivation rose. d. The number of farms, as well as the number of acres under cultivation fell.
Economics
The PE ratio is a measure of how highly a stock is valued relative to its current earnings
a. True b. False Indicate whether the statement is true or false
Economics