If the consumer price index (CPI) this year is 162 and last year ...

[naturalchemist]

If the consumer price index (CPI) this year is 162 and last year it was 170, the inflation rate
 a. is positive.
 b. is negative.
 c. has decreased since last year.
  d. has increased since last year.
  e. is the same as last year.

Question 2

The monopsonist's labor supply curve is the same as the:
 a. wage rate.
  b. marginal revenue product curve.
  c. marginal product curve.
  d. market labor demand curve.
  e. market labor supply curve.

[chinwesucks]

Answer to Question 1

b

Answer to Question 2

e

[naturalchemist]

Wow, this really help

[covalentbond]

Thanks for the timely response, appreciate it