Multiple Choice
Related to the Economics in Practice on p. 133: The Consumer Price Index in the United States was 207.3 in 2007, 215.3 in 2008 and 214.5 in 2009. If a retiree's pension is tied to the CPI, his monthly pension check would have increased from ________, and decreased from ________.
A) 2007 to 2008; 2008 to 2009
B) 2008 to 2009; 2007 to 2008
C) 2007 to 2008; 2007 to 2009
D) 2007 to 2009; 2007 to 2008
Correct Answer:

Verified
Correct Answer:
Verified
Q95: The number of people classified as employed
Q96: The PPI is a price index that
Q97: The number of people employed equals<br>A) the
Q98: The portion of unemployment that is due
Q99: During a recession<br>A) consumption tends to rise.<br>B)
Q101: Refer to the information provided in Table
Q102: Stopping inflation by inducing a recession<br>A) can
Q103: The number of people unemployed equals<br>A) the
Q104: Related to the Economics in Practice on
Q105: An unemployment rate of 10% means that