Question
1) If your income in retirement is a fixed amount of money that does not change from year to year,inflation hurts you.This is what kind
1) If your income in retirement is a fixed amount of money that does not change from year to year,inflation hurts you.This is what kind of cost?
(a) vituperative (b) redistributive (c) investment (d) labour
2) Three of these are problems with the unemployment rate.Which oneis not?
(a) It excludes discouraged workers
(b) it treats part time and full time jobs the same
(c) it doesnot include the underground economy
(d) it says looking for a job is bad
3) How is core inflation different from inflation?
(a) It measures price changes for inputs to businesses,instead of outputs
(b) it focuses on the core items businesses buy
(c) it focuses on the core items consumers buy
(d) it excludes items that have unstable or volatile prices
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