3. Explore examples of normal and inferior goods for each of the goods mentioned below.
i Pen-
i Gho- meaning a cloth for boys wear in bhutanese
n. Car-
ix. Mobile
v. shoes-
ale phone
vi. Laptops

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

How does your household gain from specialization and comparative advantage? (what is produced, what is not produced yet paid to a specialist to produce? )

In canada, the reference base period for the cpi is 2002. by 2012, prices had risen by 21.6 percent since the base period. the inflation rate in canada in 2013 was 1.1 percent. calculate the cpi in canada in 2013. hint: use the information that “prices had risen by 21.6 percent since the base period” to find the cpi in 2012. use the inflation rate formula (inflation is the growth rate of the cpi) to find cpi in 2013, knowing the cpi in 2012 and the inflation rate. the cpi in canada in 2013 is round up your answer to the first decimal. 122.9 130.7 119.6 110.5