The table below shows Vietnam's price index between 2004 and 2007. www.econstats.com
From the data, we can conclude that
A) the inflation rate 2005 and 2006 was 7.5 percent.
B) food and energy prices in Vietnam were increasing between 2004 and 2007.
C) commodity substitution bias occurred over the four years.
D) deflation occurred between 2005 and 2006 as price increased more slowly than in 2004.
Correct Answer:
Verified
Q335: The table below shows the price index
Q336: The table below shows the price index
Q337: Inflation in Vietnam rose to 27 percent
Q338: The table below shows the price index
Q339: How does the unemployment rate change in
Q341: What is the relationship between the natural
Q342: Give an example of a structurally unemployed
Q343: What is a discouraged worker? How do
Q344: List and define the three types of
Q345: Explain the difference between frictional and structural
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents