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Author Question: The price of bread in terms of gallons of milk per loaf is 0.6 and the price a gallon of milk in ... (Read 111 times)

HCHenry

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on: Jun 29, 2018
The price of bread in terms of gallons of milk per loaf is 0.6 and the price a gallon of milk in terms of pounds of butter per gallon is 1.2. What is the relative price of bread to butter?
 
  A) 1.39
  B) 0.6
  C) 0.72
  D) 0.50

Question 2

Aggregate measures are
 
  A) anything to do with economics.
  B) a total measure of a variable across the economy.
  C) used only in microeconomics.
  D) determined by the Bureau of Labor Statistics.


meganmoser117

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

C

Answer to Question 2

B


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