Author Question: In 2015, the U.S. auto industry experienced rising sales. The automobile industry was experiencing ... (Read 88 times)

littleanan · **on:** Jun 29, 2018

In 2015, the U.S. auto industry experienced rising sales. The automobile industry was experiencing the effects of

A) the underground economy. B) inflation.
C) the business cycle. D) depreciation.

Question 2

Refer to Table 9-6. Consider the following values of the consumer price index for 1996, 1997, and 1998: The inflation rate for 1997 was equal to

A) 1.2 percent. B) 2.0 percent. C) 2.5 percent. D) 4.0 percent.