The ____________________ is based on commodity prices
which 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 a
categories in the overall CPI? Select one: a. clothes and accessories b. exports c. recess d. transportation and insurance The chart above refers to a significant rise in oil prices.
Which of the following is likely to work? Select one: a. long-term economic gains b. short-term economic gains c. the natural rate of unemployment remains constant d. an increase in inflation from 2.0% to 3.0% The maximum amount an economy can produce, given its
existing levels of labor, physical capital, technology and
institutions, it is called: Choose one: a. Real GDP. B Potential GDP. vs. global offer. D. aggregate demand.
Answer 1
1. The correct answer is: d) International price index
Reason: This follows directly from the cyclic definition f
International price index which measures the prices of exported products
goods in terms of goods imported from an economy.
Thanks!