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What tool does the US government use to keep track of inflation throughout the years? A. The Value Calculator B. The Monetary Supply C. The Consumer Price Index D. The Inflation Scale
The US government use the Consumer Price Index to keep track of inflation throughout the years.
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Asked 10/15/2018 10:14:40 AM
Updated 6/25/2020 11:34:43 AM
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The US government use the Consumer Price Index to keep track of inflation throughout the years.
Added 6/25/2020 11:34:43 AM
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What might cause a consumer to have an elastic demand for a product? A. The product was produced outside of the United States. B. The product is a necessity. C. The product isn't a necessity. D. The product is priced at $5.
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Updated 10/15/2018 11:10:48 AM
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The product isn't a necessity might cause a consumer to have an elastic demand for a product.
Added 10/15/2018 11:10:48 AM
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The _______ states that more of an item will be purchased at a lower price than at a higher price. A. Law of Elasticity B. Law of Demand C. Law of Economics D. Law of Supply
Weegy: The Law of Demand states that more of an item will be purchased at a lower price than at a higher price. (More)
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Updated 10/15/2018 10:40:46 AM
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When increased raw material costs increase prices for consumers, the situation is known as _______ inflation. A. demand-pull B. cost-push C. monetary D. Law of Supply
Weegy: When increased raw material costs increase prices for consumers, the situation is known as COST-PUSH inflation. (More)
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Updated 87 days ago|4/29/2021 5:06:49 PM
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Which of the following is a principle of the US economic system? A. Right to bear arms B. Consumer sovereignty C. Freedom from tyranny D. Government regulation
Weegy: Consumer sovereignty is a principle of the US economic system. (More)
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Updated 10/15/2018 2:06:44 PM
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