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Author Question: The Consumer Price Index measures A) the average of raw material prices paid by producing firms. ... (Read 41 times)

DelorasTo

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on: Jun 29, 2018
The Consumer Price Index measures
 
  A) the average of raw material prices paid by producing firms.
  B) the level of prices with respect to goods and services purchased by a typical consumer in urban areas.
  C) the average of the prices of all goods produced in a country and goods imported from other countries.
  D) hourly wage rates of manufacturing workers.

Question 2

Which of the following is an example of a price ceiling?
 
  A) the minimum wage
  B) agricultural price supports
  C) rent controls
  D) None of the above is correct.


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carolinefletcherr

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


DelorasTo

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

bitingbit

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Reply 3 on: Yesterday
Excellent

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