When the Consumer Price Index increases from 100 to 120 a. less money is needed to buy the same amount of goods, so the value of money rises. b. less money is needed to buy the same amount of goods, so the value of money falls. c. more money is needed to buy the same amount of goods, so the value of money rises. d. more money is needed to buy the same amount of goods, so the value of money falls.

Island novelties, inc., of palau makes two products—hawaiian fantasy and tahitian joy. each product's selling price, variable expense per unit and annual sales volume are as follows:

Florence invested in a factory requiring. federally-mandated reductions in carbon emissions. how will this impact florence as the factory's owner? a. her factory will be worth less once the upgrades are complete. b. her factory will likely be bought by the epa. c. florence will have to invest a large amount of capital to update the factory for little financial gain. d. florence will have to invest a large amount of capital to update the factory for a large financial gain.

Suppose a country's productivity last year was 84. if this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be: