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

Author Question: Which price index tends to understate the impact of price changes on consumers? A) Chain-weighted ... (Read 83 times)

student77

  • Hero Member
  • *****
  • Posts: 567
on: Jul 1, 2018
Which price index tends to understate the impact of price changes on consumers?
 
  A) Chain-weighted index
  B) Laspeyres index
  C) Paasche index
  D) Ideal cost-of-living index

Question 2

Suppose there is currently a surplus of wheat on the world market. The problem of excess supply may be removed from the market by:
 
  A) lowering the market price.
  B) shifting the supply curve leftward.
  C) shifting the demand curve leftward.
  D) Both A and B are plausible actions.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ksh22

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

D


student77

  • Member
  • Posts: 567
Reply 2 on: Jul 1, 2018
Gracias!

daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Biomagnification in a Lake Ontario food chain. Biomagnification in a Lake Ontario food chain.
Index of seed size and hardiness prior to, during, and after drought. Index of seed size and hardiness prior to, during, and after drought.
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
Example of Index entry with Main Term and indented subterms. Example of Index entry with Main Term and indented subterms.
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Rub the ears between your thumbs and index fingers. Follow the curves to rub the entire ear, ... Rub the ears between your thumbs and index fingers. Follow the curves to rub the entire ear, ...
Video: Types of Transport - Uniport, Antiport and Symport (Glucose and Na+K+ Transporters)

For a complete list of videos, visit our video library