Which of the following would be considered the most prominent monetarist?

Peak-load pricing is often referred to as full cost pricing

Indicate whether the statement is true or false

According to the table shown, what can be said about the cost of living in 2011?

A. It increased 5.3 % from the previous year, and consumers were worse off if their nominal income did not change.
B. It increased by 5.0 % from the previous year, and consumers were better off if their nominal income did not change.
C. It is the base year, so no comparisons can be made in this year.
D. It is the base year, so the cost of the basket of goods did not change.