Author Question: All of the following would increase the growth rate of the economy EXCEPT A) raising the saving ... (Read 115 times)

bobthebuilder · **on:** Jun 29, 2018

All of the following would increase the growth rate of the economy EXCEPT

A) raising the saving rate.
B) stimulating research and development.
C) discouraging international trade.
D) None of the above answers is correct because they all would increase the growth rate.

Question 2

At the end of last year, the CPI equaled 120. At the end of this year, the CPI equals 132. What is the inflation rate over this year?

A) 6 percent
B) 10 percent
C) 12 percent
D) None of the above answers are correct because more information is needed to calculate the inflation rate.