QUESTION 21 Which of the following is not a widely-acknowledged problem with the CPI as a meaure of the cost of living?: O A unchanged price change. O B. substitution bias. O C. unmeasured quality change. O D. introduction of new goods. QUESTION 22 Capital markets are markets where short term financial instruments are sold. O True O False QUESTION 23 Using the rule of 70, if a nation's real GDP is growing by 2 percent per year. its real domestic output will double in approximately: O A. 25 years. O B. 20 years. O C. 35 years. OD. 40 years. QUESTION 24 Assume that you purchase a 6-year saving certificate with a $1000 face value and 8% annual interest rate. If the interest rate is compounded annually. what will the future value of this certificate be? O A. $1.586.90 B. $1,677.10 O C. $1.469.33 D. $630.17