This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A consumer price index of 160 in 1996 with a base year of 1982-1984 would mean that the cost of the ... (Read 103 times)

cagreen833

  • Hero Member
  • *****
  • Posts: 544
on: Jun 29, 2018
A consumer price index of 160 in 1996 with a base year of 1982-1984 would mean that the cost of the market basket
 
  A) equaled 160 in 1983.
  B) rose 160 from the cost of the market basket in the base year.
  C) rose 60 from the cost of the market basket in the base year.
  D) equaled 160 in 1996.

Question 2

Suppose the Fed increases the money supply. Which of the following is true?
 
  A) At the original interest rate, the quantity of money demanded is less than the quantity of money supplied.
  B) At the original interest rate, the quantity of money demanded is equal to the quantity of money supplied.
  C) The interest rate must rise for the money market to clear.
  D) At the original interest rate, the quantity of money demanded is greater than the quantity of money supplied.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

reversalruiz

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


cagreen833

  • Member
  • Posts: 544
Reply 2 on: Jun 29, 2018
Gracias!

aruss1303

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

The nitrogen cycle. Numbers represent fluxes as 1012 g N per year (data from Schlesinger 1991, after The nitrogen cycle. Numbers represent fluxes as 1012 g N per year (data from Schlesinger 1991, after
Stand over your base of support with the knees straight but not locked. Stand over your base of support with the knees straight but not locked.
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
The Glycemic Index of Commonly Eaten Foods The glycemic index of a variety of foods The Glycemic Index of Commonly Eaten Foods The glycemic index of a variety of foods
Top Eleven Countries in Year 2009 According to Three Different Measures Top Eleven Countries in Year 2009 According to Three Different Measures
The Heat Index. The Heat Index.
Video: Carbohydrate digestion - mouth and stomach & pancreas and small intestine

For a complete list of videos, visit our video library