« previous next »

Author Question: If the CPI basket costs 35 in the base period but costs 42, what is the CPI in the next period? ... (Read 88 times)

torybrooks

  • Hero Member
  • *****
  • Posts: 500
on: Jun 29, 2018
If the CPI basket costs 35 in the base period but costs 42, what is the CPI in the next period?
 
  A) 83.3
  B) 42
  C) 20 percent
  D) 120

Question 2

Sam's demand curve for pizza
 
  A) lies above her marginal benefit curve for pizza.
  B) lies below her marginal benefit curve for pizza.
  C) is the same as her marginal benefit curve for pizza.
  D) has one point in common with her marginal benefit curve for pizza.

Question 3

Which of the following would lead GDP to overstate economic welfare?
 
  A) the existence of home-cooked meals
  B) restaurant workers that under-report tip income
  C) a self-employed CPA who takes a longer than normal vacation
  D) electric utilities that switch to burning coal because of higher natural gas prices and thereby create more acid rain pollution


bpool94

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

OMG..This is soo helpful. Thank you.

Answer to Question 3

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Base Pairing in DNA Is Complementary Base Pairing in DNA Is Complementary
Tactile Fremitus, Using Palmar Base of Fingers Tactile Fremitus, Using Palmar Base of Fingers
Thoracentesis. A needle is inserted between the ribs to withdraw fluid from the pleural sac at the b Thoracentesis. A needle is inserted between the ribs to withdraw fluid from the pleural sac at the b
Anthroposphere Quarterly Period Anthroposphere Quarterly Period
Coolest Period Table EVER Coolest Period Table EVER
In Marfan syndrome, defective connective tissue causes the base of the aorta to enlarge, and potenti In Marfan syndrome, defective connective tissue causes the base of the aorta to enlarge, and potenti
Video: Introduction to Sickle Cell Anemia

For a complete list of videos, visit our video library