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

Author Question: The table below shows Vietnam's price index between 2004 and 2007. Year Price Index 2004 115.15 ... (Read 63 times)

chads108

  • Hero Member
  • *****
  • Posts: 507
on: Jun 29, 2018
The table below shows Vietnam's price index between 2004 and 2007.
 
  Year Price Index
  2004 115.15
  2005 124.65
  2006 134
  2007 145.12
  www.econstats.com
 
  From the data, we can conclude that
  A) the inflation rate 2005 and 2006 was 7.5 percent.
  B) food and energy prices in Vietnam were increasing between 2004 and 2007.
  C) commodity substitution bias occurred over the four years.
  D) deflation occurred between 2005 and 2006 as price increased more slowly than in 2004.

Question 2

An increase in technology for producing personal computers leads to
 
  A) an increase in the demand for personal computers.
  B) a decrease in the demand for personal computers.
  C) an increase in the supply of personal computers.
  D) a decrease in the supply of personal computers.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dyrone

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


chads108

  • Member
  • Posts: 507
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Hyperopia (farsightedness). In the uncorrected top figure, the image would come into focus behind th Hyperopia (farsightedness). In the uncorrected top figure, the image would come into focus behind th
The accessory organs of the digestive system: the liver, gallbladder, and pancreas. Image shows the The accessory organs of the digestive system: the liver, gallbladder, and pancreas. Image shows the
table table
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
List transformations and Create a table of values for the following log function: List transformations and Create a table of values for the following log function:
Table - Analysis Table - Analysis
Video: Oxygen transport - methods and oxyhemoglobin

For a complete list of videos, visit our video library