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

Author Question: Which price index tends to understate the impact of price changes on consumers? A) Chain-weighted ... (Read 105 times)

student77

  • Hero Member
  • *****
  • Posts: 567
on: Jul 1, 2018
Which price index tends to understate the impact of price changes on consumers?
 
  A) Chain-weighted index
  B) Laspeyres index
  C) Paasche index
  D) Ideal cost-of-living index

Question 2

Suppose there is currently a surplus of wheat on the world market. The problem of excess supply may be removed from the market by:
 
  A) lowering the market price.
  B) shifting the supply curve leftward.
  C) shifting the demand curve leftward.
  D) Both A and B are plausible actions.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ksh22

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

D


student77

  • Member
  • Posts: 567
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Polymerase chain reaction (PCR) Polymerase chain reaction (PCR)
Digital rectal exam (DRE). The physician’s index finger is inserted into the rectum and pressed agai Digital rectal exam (DRE). The physician’s index finger is inserted into the rectum and pressed agai
NCC MERP Index for Categorizing Medication Errors NCC MERP Index for Categorizing Medication Errors
The Impact of Reduction Campaigns on Sids Rates The Impact of Reduction Campaigns on Sids Rates
Throughout history, technology has had an impact on families. Today is no exception. Throughout history, technology has had an impact on families. Today is no exception.
The air quality index The air quality index
Video: Introduction to Autism

For a complete list of videos, visit our video library