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In January of 1997, the U.S. Consumer Price Index (CPI) stood at 159.1. By January of 2008, the level had risen to 211.1. What was the average annual rate of inflation over this time period as measured by the CPI?
A) 3.78%
B) 3.31%
C) 2.97%
D) 2.60%
Explain the law of diminishing marginal returns using the example of a factory which is currently running at half capacity and employs more staff
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1. In December 1979 it was possible to buy a January 1980 contract in gold at the New York Commodity Exchange for $487.50 per ounce and sell an October 1981 contract for $614.80 on
What are UN Millennium Development Goals? The UN Millennium Development Goals (MDGs): These are a set of objectives shared through the IMF, the OECD and the World Bank (WB)
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