A ham and cheese sandwich at the local deli costs 4.99 in 2005. If the CPI in 2005 was 90.0 and the CPI today is 121.0, the equivalent price for the ham and cheese sandwich today is
A) 6.71. B) 5.29. C) 4.99. D) 6.04. E) 5.54.
Question 2
When U.S. official reserves ________, the official settlements account balance becomes negative and when U.S. official reserves ________, the official settlements account balance becomes positive.
A) increase; decrease
B) decrease; increase
C) increase; increase
D) decrease; decrease
E) More information is needed about the balances on the current account and the capital account in order to answer this question.
Aftermath of the 2005 Texas City Refinery Explosion
In 2005 historian Angela Lakwete used this print as the cover of Inventing the C
Local Winds
Typical Sandwich Bar
Open Faced Ham Sandwich
Mac & Cheese