Author Question: If the price level rises from 100 to 110 then the inflation rate is A) 100 percent. B) 1.0 ... (Read 102 times)

ssal

  • Hero Member
  • *****
  • Posts: 572
If the price level rises from 100 to 110 then the inflation rate is
 
  A) 100 percent.
  B) 1.0 percent.
  C) 10.0 percent.
  D) 110 percent.
  E) None of the above answers is correct.

Question 2

To determine whether the goal of stable prices is being achieved, the Federal Reserve monitors
 
  A) the core PCE deflator inflation rate.
  B) the core GDP deflator inflation rate.
  C) the GDP price deflator.
  D) the producer price index.
  E) the CPI.



okolip

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

ssal

  • Hero Member
  • *****
  • Posts: 572

okolip

  • Sr. Member
  • ****
  • Posts: 362

 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

The human body produces and destroys 15 million blood cells every second.

For a complete list of videos, visit our video library