If a town has a monopsony, this means: a. there is only one ...

[luvbio]

If a town has a monopsony, this means:
 a. there is only one employer.
  b. price discrimination takes place.
  c. goods are priced too high.
  d. no unions can exist.
  e. excess profits are being made

Question 2

If the consumer price index (CPI) is 220 one year and 210 the next, the annual rate of inflation as measured by the CPI is approximately _____.
 a. 2.3 percent
  b. 4.6 percent
  c. 10 percent
 d. 4.8 percent
 e. 220 percent

[dpost18]

Answer to Question 1

a

Answer to Question 2

b

[luvbio]

Thank you

[dpost18]

Happy to help you