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Author Question: A price index creates a measure of how many dollars it would take to maintain a constant purchasing ... (Read 23 times)

genevieve1028

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on: Jun 30, 2018
A price index creates a measure of how many dollars it would take to maintain a constant purchasing power over time.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If people expect the economy to do well in the future, they will increase their consumption today at every price level.
 a. True
  b. False
  Indicate whether the statement is true or false


chevyboi1976

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

True


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genevieve1028

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Reply #2 on: Jun 30, 2018
Thank you :)


chevyboi1976

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Reply #3 on: Jun 30, 2018
Happy to help you


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