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Author Question: Which of the following statements is false? (Read 58 times)

olgavictoria

  • Hero Member
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  • Posts: 528
on: Apr 19, 2019

Question 1

The CPI in period 1 is 300 and the CPI in period 2 is 150. The rate of inflation between period 1 and period 2 is


◦ -100%.
◦ -60%.
◦ -50%.
◦ 33.33%.

Question 2

Which of the following statements is 
false?


◦ One problem with any fixed-bundle index as a measure of the cost of living is that it does not account for substitutions that consumers might make in response to price changes.
◦ The producer price index is considered to be a leading indicator of future inflation rates.
◦ The best overall indicator of inflationary pressures in the economy is the GDP deflator.
◦ The consumer price index somewhat understates changes in the cost of living.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by olgavictoria on Apr 19, 2019

dellikani2015

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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olgavictoria

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  • Posts: 528
Reply 2 on: Apr 19, 2019
:D TYSM

mochi09

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  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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