Author Question: One way the consumer price index (CPI) differs from the GDP chain price index is that it: a. ... (Read 103 times)

Capo · **on:** Jun 30, 2018

One way the consumer price index (CPI) differs from the GDP chain price index is that it:
a. includes only purchases of items bought by typical urban consumers.
b. uses only current year quantities.
c. is based on all final goods and services.
d. includes only services.

Question 2

According to the Laffer curve, the federal tax rate affects:
a. incentive to work.
b. savings.
c. investment.
d. tax revenue.
e. All of these.