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

Author Question: Between 2015 and 2016, the CPI of a small nation rose from 182 to 185. If household incomes rose by ... (Read 101 times)

nummyann

  • Hero Member
  • *****
  • Posts: 576
on: Jun 29, 2018
Between 2015 and 2016, the CPI of a small nation rose from 182 to 185. If household incomes rose by 3 during that period of time, which of the following is true?
 
  A) The purchasing power of household income remained constant between 2015 and 2016.
  B) The purchasing power of household income rose between 2015 and 2016.
  C) The purchasing power of household income fell between 2015 and 2016.
  D) The CPI cannot be used to determine how the purchasing power of household income changes over time.

Question 2

When the United States sends money to Indonesia to help tsunami survivors, in what account is this transaction recorded?
 
  A) the current account B) the capital account
  C) the financial account D) the foreign exchange account


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

guyanai

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


nummyann

  • Member
  • Posts: 576
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Small Heath Small Heath
Tubal ligation. To minimize the size of the incisions necessary, laparoscopic surgery may be used to Tubal ligation. To minimize the size of the incisions necessary, laparoscopic surgery may be used to
Varicosis. (a) Varicose veins develop due to the failure of valves in the superficial veins of the l Varicosis. (a) Varicose veins develop due to the failure of valves in the superficial veins of the l
Photograph of the flea that transmits Yersinia pestis to cause bubonic plague, called the oriental r Photograph of the flea that transmits Yersinia pestis to cause bubonic plague, called the oriental r
Comparison of Household, Apothecary, and Metric Liquid Measurements Comparison of Household, Apothecary, and Metric Liquid Measurements
Absorption Methods in the Small Intestine Absorption Methods in the Small Intestine
Video: Regulation of GFR: autoregulation via tubuloglomerular feedback, neural & hormonal regulation

For a complete list of videos, visit our video library