Author Question: Monthly expenditures for a family of 4 in 2015 averaged 1,400. In 2016, the cost of the same ... (Read 83 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?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

For a complete list of videos, visit our video library