Question and answer
The consumer price index fails to take into account the fact that consumers substitute less expensive goods for those goods whose prices have risen. A. True B. False
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Asked 4/30/2012 3:20:29 PM
Updated 6/25/2019 7:58:11 AM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by Masamune [6/25/2019 7:57:46 AM], Edited by Masamune [6/25/2019 7:58:06 AM], Confirmed by Masamune [6/25/2019 7:58:11 AM]
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Original conversation
User: The consumer price index fails to take into account the fact that consumers substitute less expensive goods for those goods whose prices have risen. A. True B. False

Weegy: The consumer price index fails to take into account the fact that consumers substitute less expensive goods for those goods whose prices have risen. TRUE.

User: Empirical evidence has shown that the U.S. consumer price index and GDP deflator generally move in the same direction. A. True B. False

Question
Asked 4/30/2012 3:20:29 PM
Updated 6/25/2019 7:58:11 AM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by Masamune [6/25/2019 7:57:46 AM], Edited by Masamune [6/25/2019 7:58:06 AM], Confirmed by Masamune [6/25/2019 7:58:11 AM]
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Empirical evidence has shown that the U.S. consumer price index and GDP deflator generally move in the same direction. TRUE.
Added 6/24/2019 6:34:04 PM
This answer has been confirmed as correct and helpful.
Confirmed by Masamune [6/25/2019 7:58:17 AM]
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Questions asked by the same visitor
The main economic cost of cyclical unemployment is lost economic output. A. True B. False
Question
Updated 5/31/2018 4:52:33 AM
1 Answer/Comment
The main economic cost of cyclical unemployment is lost economic output. TRUE.
Added 5/31/2018 4:52:33 AM
This answer has been confirmed as correct and helpful.
When the economy is at the natural rate of unemployment there is no A. frictional unemployment. B. cyclical unemployment. C. structural unemployment. D. seasonal unemployment.
Question
Expert Answered
Updated 153 days ago|2/26/2021 9:45:30 PM
1 Answer/Comment
When the economy is at the natural rate of unemployment there is no cyclical unemployment.
Added 153 days ago|2/26/2021 9:45:30 PM
This answer has been confirmed as correct and helpful.
When the market interest rate is less than a bond's coupon rate, A. the bond is trading at a premium. B. investors can purchase the bond for a discount. C. the bond will mature at an earlier date. D. the bond's face value is greater than the principal.
Weegy: I think the answer is: D. the bond's face value is greater than the principal. ". When the market interest rate is below the coupon rate, bonds sell for more than face value." User: When the market interest rate is less than a bond's coupon rate, A. the bond is trading at a premium. B. investors can purchase the bond for a discount. C. the bond will mature at an earlier date. D. the bond's face value is greater than the principal. (More)
Question
Expert Answered
Updated 51 days ago|6/9/2021 7:52:03 AM
2 Answers/Comments
When the market interest rate is less than a bond's coupon rate, the bond is trading at a premium.
Added 172 days ago|2/7/2021 4:16:31 PM
This answer has been confirmed as correct and helpful.
When the market interest rate is less than a bond's coupon rate - the bond's face value is greater than the principal.
Added 51 days ago|6/9/2021 7:52:03 AM
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