This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose the price levels in an economy in four successive years are 100, 120, 133, and 140 . Which ... (Read 39 times)

Mimi

  • Hero Member
  • *****
  • Posts: 542
on: Jun 30, 2018
Suppose the price levels in an economy in four successive years are 100, 120, 133, and 140 . Which of the following is true in such a case?
 a. The economy is experiencing hyperinflation.
 b. The economy is experiencing deflation.
 c. The economy is experiencing inflation.
 d. The economy is experiencing increasing inflation.
  e. The economy is experiencing disinflation.

Question 2

The Lorenz curve is best used to measure the distribution of income.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaquita

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


Mimi

  • Member
  • Posts: 542
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

The levels of biological organization The levels of biological organization
Distribution of glaciers in North America (a) in the late twentieth century, and (b) 18,000 years ag Distribution of glaciers in North America (a) in the late twentieth century, and (b) 18,000 years ag
Atmospheric CO2 Concentrations Increased Very Rapidly during the Last 200 Years Atmospheric CO2 Concentrations Increased Very Rapidly during the Last 200 Years
Poverty rates have declined in the last 50 years, and the biggest decline has been for people 65 and ... Poverty rates have declined in the last 50 years, and the biggest decline has been for people 65 and ...
In Canada, 2/3 women and over 1/2 of men 55 to 64 years of age are grandparents In Canada, 2/3 women and over 1/2 of men 55 to 64 years of age are grandparents
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Regulation of GFR: three methods, autoregulation & autoregulation via myogenic mechanism

For a complete list of videos, visit our video library