The ____________________ is based on the prices of merchandisethat are exported or imported. Select one: a. International
Question:
The ____________________ is based on the prices of merchandisethat are exported or imported.
Select one:
a.
International Product Index
b.
Producer Price Index
c.
Foreign Price Index
d.
International Price Index
Which of the following is NOT an example of one of the majorcategories in the overall CPI?
Select one:
a.
apparel and accessories
b.
exports
c.
recreation
d.
transportation and insurance
The graph above refers to a significant increase in oil prices.Which of the following is likely to result?
Select one:
a.
long run economic gains
b.
short run economic gains
c.
natural rate of unemployment remains constant
d.
a rise in inflation from 2.0% to 3.0%
The maximum quantity that an economy can produce, given itsexisting levels of labor, physical capital, technology, andinstitutions, is called:
Select one:
a.
real GDP.
b.
potential GDP.
c.
aggregate supply.
d.
aggregate demand.
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill