If an economist is considering swiftly increasing technological changes in an economy, which of the following is most likely to contribute to the cpi problem of accurately measuring of the cost of living changes? group of answer choices
o new goods blas
o substtution blas
o income blas

Which economic system could be characterized by the "iron fist", meaning a central authority figure has control over most of the economy? market economy command economy traditional economy free enterprise economy

Sue now has $125. how much would she have after 8 years if she leaves it invested at 8.5% with annual compounding? a. $205.83b. $216.67c. $228.07d. $240.08e. $252.08

8. problems and applications q8there are four consumers willing to pay the following amounts for haircuts, and there are four haircutting businesses with the following costs: consumers' willingness to payyvette: $35cho: $15sean: $45bob: $25firms' costsfirm a: $40firm b: $20firm c: $10firm d: $30each firm has the capacity to produce only one haircut. for should be given. which businesses should cut hair? check all that apply. firm afirm bfirm cfirm dwhich consumers should have their hair cut? check all that apply. bobchoseanyvettethe maximum possible total surplus is