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

Author Question: Which price index tends to understate the impact of price changes on consumers? A) Chain-weighted ... (Read 59 times)

student77

  • Hero Member
  • *****
  • Posts: 567
on: Jul 1, 2018
Which price index tends to understate the impact of price changes on consumers?
 
  A) Chain-weighted index
  B) Laspeyres index
  C) Paasche index
  D) Ideal cost-of-living index

Question 2

Suppose there is currently a surplus of wheat on the world market. The problem of excess supply may be removed from the market by:
 
  A) lowering the market price.
  B) shifting the supply curve leftward.
  C) shifting the demand curve leftward.
  D) Both A and B are plausible actions.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ksh22

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

D


student77

  • Member
  • Posts: 567
Reply 2 on: Jul 1, 2018
Wow, this really help

ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Food Chain Food Chain
Index card tickler file. Index card tickler file.
Throughout history, technology has had an impact on families. Today is no exception. Throughout history, technology has had an impact on families. Today is no exception.
NCC MERP Index for categorizing medication errors algorithm. NCC MERP Index for categorizing medication errors algorithm.
Principles of amplification of selected fragments of DNA by polymerase chain reaction cycling. Principles of amplification of selected fragments of DNA by polymerase chain reaction cycling.
How to find the derivatives of trigonometric functions using the chain rule (Part 2) How to find the derivatives of trigonometric functions using the chain rule (Part 2)
Video: Molecules, Membrane Permeability and Structure

For a complete list of videos, visit our video library