Author Question: If the consumer price index (CPI) this year is 162 and last year it was 170, the inflation rate a. ... (Read 204 times)

naturalchemist · **on:** Jun 30, 2018

If the consumer price index (CPI) this year is 162 and last year it was 170, the inflation rate
a. is positive.
b. is negative.
c. has decreased since last year.
d. has increased since last year.
e. is the same as last year.

Question 2

The monopsonist's labor supply curve is the same as the:
a. wage rate.
b. marginal revenue product curve.
c. marginal product curve.
d. market labor demand curve.
e. market labor supply curve.