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Author Question: Refer to Table 20-11. Suppose an economy has only three goods and the typical family purchases the ... (Read 37 times)

student77

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on: Jun 29, 2018
Refer to Table 20-11. Suppose an economy has only three goods and the typical family purchases the amounts given in the table above. If 2011 is the base year, then what is the CPI for 2016?
 
  A) 40.08 B) 100 C) 180 D) 208

Question 2

Between 1990 and 2014, which of these leading industrial countries of the world had the highest average annual growth rate in GDP per capita?
 
  A) Japan B) Canada C) the United States D) Germany


JYan

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


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student77

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Reply #2 on: Jun 29, 2018
Thank you :)


JYan

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Reply #3 on: Jun 29, 2018
Happy to help you


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