Author Question: Suppose the consumer price index (CPI) for a given year is 150 . This means the rate of inflation ... (Read 62 times)

saliriagwu · **on:** Jun 30, 2018

Suppose the consumer price index (CPI) for a given year is 150 . This means the rate of inflation for the given year is 50 percent.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Incomes policies reject wage-price controls and guidelines.
a. True
b. False
Indicate whether the statement is true or false