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Author Question: If the consumer price index (CPI) rises over a year from 220 to 230, then the inflation rate is 10 ... (Read 47 times)

codyclark

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on: Jun 30, 2018
If the consumer price index (CPI) rises over a year from 220 to 230, then the inflation rate is 10 percent.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If we compare median family income in the U.S. for families headed by an adult with no more than a high school education to that of families headed by an adult with a bachelor's degree, which of the following best describes what we will find?
 a. Median family income for families headed by an adult with a bachelor's degree is approximately 70 percent higher than families headed by an adult no more than a high school education.
  b. Median family income for families headed by an adult with a bachelor's degree is approximately 25 percent higher than families headed by an adult no more than a high school education.
  c. Median family income for families headed by an adult with a bachelor's degree is approximately 50 percent higher than families headed by an adult no more than a high school education.
  d. Median family income for families headed by an adult with a bachelor's degree is approximately 90 percent higher than families headed by an adult no more than a high school education.


Harbringer

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

a


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