A price index:A. measures the cost of purchasing a market basket of output across different years. B.always includes a base year, measures the cost of purchasing a market basket of output across different years, and is normalized to 100 for the base year. C.is equal to 100 for the base year. D.always requires to consider a base year.

Suppose for a consumer the marginal utility (mu) of bread is 20 utils and the mu of milk is 10 utils; the price of bread is $3 and the price of milk is $1. given this, a. more utility per dollar is gained from consuming bread than milk. b. more utility per dollar is gained from consuming milk than bread. c. the same amount of utility per dollar is gained from consuming milk as bread. d. the consumer is in consumer equilibrium.

Zowns a disability income policy with a 30-day elimination period. z contracts pneumonia that leaves him unable to work from january 1 until january 15. z then becomes disabled from an accident on february 1 and the disability lasts until july 1 the same year. z will become eligible to receive benefits starting on

How does it the economy that banks offer incentives (like interest payments, deposit insurance, etc.) to get customers to deposit money with them?