Suppose in , the cost of a market basket of goods was $. In , the cost of the same market basket of goods was $. Calculate the price index for , using the price index formula, assume is the base year. nothing (Enter your response as an index number rounded to one decimal place.)

Suppose either computers or televisions can be assembled with the following labor inputs: units produced 1 2 3 4 5 6 7 8 9 10 total labor used 3 7 12 18 25 33 42 54 70 90 (a) draw the production possibilities curve for an economy with 54 units of labor. label it p54. (b) what is the opportunity cost of the eighth computer? (c) suppose immigration brings in 36 more workers. redraw the production possibilities curve to reflect this added labor. label the new curve p90.

By which distribution system is more than 90 percent of u.s. coal shipped? a. pipelinesb. trucksc. waterwaysd. railroadse. none of the above

What are the weak points of economic costs that are part of a free enterprise economy?