Suppose the typical household spends $3,500 on goods and services during the month of January, and $4,300 on the same goods and services in February. Using January as the base period, what is the consumer price index for February?

a. 151.4
b. 81.4
c. 55.1
d. 122.9

d

Economics

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The figure above shows the market for education, a good possessing an external benefit. In order to attain the efficient number of students, a government subsidy must equal ________ per student

A) $2,000 B) $8,000 C) $6,000 D) $10,000 E) $16,000

Economics

The text defines persuasion as inducing others to cooperate by

A) either threats or promises. B) employing deception. C) offering people additional options. D) providing monetary payments. E) using verbal arguments.

Economics