The Consumer Price Index compares the: a. prices of all goods ...

[RRMR]

The Consumer Price Index compares the:
 a. prices of all goods and services in the economy compared to the prices of those goods and services in a base year.
  b. prices of consumer goods and services that a household purchases to the prices of those goods and services purchased in a base year.
  c. prices of producer goods and services that are made for consumers to the prices of those goods and services in a base year.
  d. prices of goods and services that are purchased by producers to the prices of those goods and services in a base year.
  e. prices of goods and services that are purchased by consumer manufacturers to the prices of those goods and services in a base year.

Question 2

Keynesian economics focuses on the role of aggregate spending in determining the level of real GDP.
 a. True
  b. False
  Indicate whether the statement is true or false

[tanna.moeller]

Answer to Question 1

b

Answer to Question 2

True