Multiple Choice
Suppose that 1982 is the base year for the Consumer Price Index (CPI) and in 2007 the CPI was 190.What does this "190" mean?
A) What cost $100 in 1982 on average cost 190 times as much in 2007.
B) What cost $100 in 1982 on average cost $190 in 2007.
C) What cost $100 in 1982 on average cost 0.19 times as much in 2007 (that is, it cost $19 in 2007) .
D) What cost $100 in 1982 on average cost $19 more in 2007.
Correct Answer:
Verified
Correct Answer:
Verified
Q6: If the unemployment rate drops,then it necessarily
Q17: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q19: The movie Titanic is the all-time winner
Q21: Exhibit 6-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2061/.jpg" alt="Exhibit 6-2
Q22: Which of the following statements is true?<br>A)
Q23: A person is unemployed if he<br>A) is
Q29: Suppose the civilian non-institutional population equals 250,000;
Q80: Of all the categories of unemployment,most unemployed
Q115: Describe what the unemployment rate and the
Q125: Look at the following data: The structural