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If the economy is producing at capacity and consumers want to buy even more goods, this may cause O Price effect Demand pull inflation O
If the economy is producing at capacity and consumers want to buy even more goods, this may cause O Price effect Demand pull inflation O Unemployment Cost-push inflationSuppose that the CPI in 2016 was 127.5 and the CPI in 2017 was 131.7. Calculate the rate of inflation for 2016-2017. O 3.29% O 96.81% 4.10% O 3.19%Inflation refers to O an increase in the average level of prices of goods and services. O A decrease in the average level of prices of goods and services. O an increase in the price of a set of specific goods. O An increase in the relative price of goods and services.Use the following table to answer the question. 2017 $8.500 billion 104 2018 $9.100 billion 107 2019 $9.200 billion 112 Calculate the real GDP of 2019 using 2018 prices. 0 $8,214 billion $8,762 billion $9,479 billion $9,583 billion OOO If the GDP is $520 billion and the population is 8.9 billion, then what is the GDP per capita? O $58,427 O $54,932 O $48,963 O $51,579
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