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Author Question: Suppose an index of average prices of imported goods in Canada indicates an increase in price of ... (Read 66 times)

bryantpr01

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on: Oct 12, 2022
Suppose an index of average prices of imported goods in Canada indicates an increase in price of 2.3% over a 12-month period. Over the same period the Consumer Price Index indicates an increase in the general price level of 2.3%. What is the change in the price of imports relative to the change in the overall price level?
◦ a decrease of 4.6%
◦ an increase of 2.3%
◦ a decrease of 2.3%
◦ an increase of 4.6%
◦ no change
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by bryantpr01 on Oct 12, 2022

athenaheim

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bryantpr01

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

debra928

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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