Author Question: Monthly expenditures for a family of 4 in 2015 averaged 1,400. In 2016, the cost of the same ... (Read 37 times)

ENagel

  • Hero Member
  • *****
  • Posts: 540
Monthly expenditures for a family of 4 in 2015 averaged 1,400. In 2016, the cost of the same purchases was 1,500. If 2015 is the base year, what was the CPI in 2016?
 
  A) 110 B) 107 C) 100 D) 93

Question 2

In labor economics, the term customer discrimination refers to a situation where customers are charged different prices for services rendered by a firm.
 
  Indicate whether the statement is true or false



nguyenhoanhat

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

B

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

For a complete list of videos, visit our video library