This topic contains a solution. Click here to go to the answer

Author Question: Between 2015 and 2016, the CPI of a small nation rose from 182 to 185. If household incomes rose by ... (Read 103 times)

nummyann

  • Hero Member
  • *****
  • Posts: 576
Between 2015 and 2016, the CPI of a small nation rose from 182 to 185. If household incomes rose by 3 during that period of time, which of the following is true?
 
  A) The purchasing power of household income remained constant between 2015 and 2016.
  B) The purchasing power of household income rose between 2015 and 2016.
  C) The purchasing power of household income fell between 2015 and 2016.
  D) The CPI cannot be used to determine how the purchasing power of household income changes over time.

Question 2

When the United States sends money to Indonesia to help tsunami survivors, in what account is this transaction recorded?
 
  A) the current account B) the capital account
  C) the financial account D) the foreign exchange account



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

guyanai

  • Sr. Member
  • ****
  • Posts: 349
Answer to Question 1

B

Answer to Question 2

A




nummyann

  • Member
  • Posts: 576
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


ttt030911

  • Member
  • Posts: 315
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

For a complete list of videos, visit our video library