Suppose the value of the CPI is 1.100 in year 1, 1.122 in year 2, and 1.133 in year 3. Assume also that the price of computers increases by 3 percent between year 1 and year 2, and by another 3 percent between year 2 and year 3. The price level is increasing, the inflation rate is , and the relative price of computers is .

answer; monopolistic competition;

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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