Author Question: A price index creates a measure of how many dollars it would take to maintain a constant purchasing ... (Read 79 times)

genevieve1028

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A price index creates a measure of how many dollars it would take to maintain a constant purchasing power over time.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If people expect the economy to do well in the future, they will increase their consumption today at every price level.
 a. True
  b. False
  Indicate whether the statement is true or false



chevyboi1976

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Answer to Question 1

True

Answer to Question 2

True



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