Suppose you paid $2.50 for a beer in 2004 and $3 exactly a year later.The price in 2004 is measured in _______ dollars; the price in 2005 is measured in _________ dollars.
A) real; real
B) nominal; real
C) real; nominal
D) nominal; nominal
Correct Answer:
Verified
Q2: _ accounting measures the deficit as the
Q3: Which of the following must be TRUE?
A)
Q4: Under which president did the United States
Q5: Suppose that the consumer price index rose
Q6: When the 2001 tax cuts were passed,they
Q8: Suppose that the Consumer Price Index rises
Q9: Which of the following is TRUE?
A) Neither
Q10: The budget process distinguishes between:
A) entitlement spending
Q11: Suppose the government spends $3 trillion and
Q12: The budget process sets which of the
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