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Author Question: Refer to Table 20-2. Assume the market basket for the consumer price index has two productsbread and ... (Read 73 times)

Bob-Dole

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on: Jun 29, 2018
Refer to Table 20-2. Assume the market basket for the consumer price index has two productsbread and milkwith the following values in 2011 and 2016 for price and quantity: The Consumer Price Index for 2016 equals
 
  A) 118. B) 116. C) 86. D) 85.

Question 2

In the United States, the annual growth rate of real GDP per hour worked between 2006 and 2014 averaged
 
  A) -0.3. B) 1.2. C) 6.9. D) 10.2.


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djofnc

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

B

Answer to Question 2

B


Bob-Dole

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Jsherida

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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