Author Question: In 2012, consumers in Dexter consumed only books and pens. The prices and quantities for 2012 and ... (Read 51 times)

pane00

  • Hero Member
  • *****
  • Posts: 579
In 2012, consumers in Dexter consumed only books and pens. The prices and quantities for 2012 and 2013 are listed in the table above. The reference base period for Dexter's CPI is 2012. What is the inflation rate in 2013?
 
  A) 69 percent
  B) zero
  C) 31 percent
  D) 2 percent

Question 2

Explain how gross investment, depreciation, net investment, and the capital stock are related.
 
  What will be an ideal response?



jasonq

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

A

Answer to Question 2

The change in the capital stock equals net investment and net investment equals gross investment minus depreciation.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

For a complete list of videos, visit our video library