Author Question: Monthly expenditures for a family of 4 in 2015 averaged 1,400. In 2016, the cost of the same ... (Read 82 times)

ENagel

  • Hero Member
  • *****
  • Posts: 540
Monthly expenditures for a family of 4 in 2015 averaged 1,400. In 2016, the cost of the same purchases was 1,500. If 2015 is the base year, what was the CPI in 2016?
 
  A) 110 B) 107 C) 100 D) 93

Question 2

In labor economics, the term customer discrimination refers to a situation where customers are charged different prices for services rendered by a firm.
 
  Indicate whether the statement is true or false



nguyenhoanhat

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

B

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

For a complete list of videos, visit our video library