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

Author Question: Price indexes like the CPI are calculated using a base year. The term base year refers to: a. the ... (Read 119 times)

faduma

  • Hero Member
  • *****
  • Posts: 528
on: Jun 30, 2018
Price indexes like the CPI are calculated using a base year. The term base year refers to:
 a. the first year that price data are available.
  b. any year in which inflation was higher than 5 percent.
  c. the most recent year in which the business cycle hit the trough.
  d. an arbitrarily chosen reference year.

Question 2

The marginal propensity to consume (MPC) is the change in consumption divided by the change in income.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

briseldagonzales

  • Sr. Member
  • ****
  • Posts: 303
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


faduma

  • Member
  • Posts: 528
Reply 2 on: Jun 30, 2018
Gracias!

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Base Pairing in DNA Is Complementary Base Pairing in DNA Is Complementary
Rinne test: A. Place the base of the tuning fork on the mastoid process. B. Place tuning fork in fro Rinne test: A. Place the base of the tuning fork on the mastoid process. B. Place tuning fork in fro
This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and
How to find the derivative of a function when the base and exponent contain a variable x^x How to find the derivative of a function when the base and exponent contain a variable x^x
Base excision repair (BER) accomplished by uracil DNA glycosylase Base excision repair (BER) accomplished by uracil DNA glycosylase
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: Bone Healing Animation

For a complete list of videos, visit our video library