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Need some help with the following questions, thanks! Question 11 4 If the consumer price index in Year 1 was 200 and the CPI for
Need some help with the following questions, thanks!
Question 11 4 If the consumer price index in Year 1 was 200 and the CPI for Year 2 was 215, the rate of inatior was: 0 15 percent. 0 115 percent. 0 30 percent. 0 7.5 percent. Question 12 4 Which of the following statements is true? 0 Disposable personal income equals personal income minus personal taxes. 0 All of these. 0 National income is total income earned by households whereas personal income is total income received I} households (including transfer payments). 0 The expenditures approach and the income approach yield the same GDP gureStep by Step Solution
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