The people on Coral Island buy only juice and cloth. The CPI basket contains the quantities bought in 2013. The average household spent $6060 on juice and $3030 on cloth in 2013 when the price of juice was $22 a bottle and the price of cloth was $55 a yard. In 2014, juice is $44 a bottle and cloth is $66 a yard. Calculate the CPI basket and the percentage of the household's budget spent on juice in 2013.

%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket

John's pizzeria and equilibrium john is selling his pizza for $6 per slice in an area of high demand. however, customers are not buying his pizza. using what you learned about the principles of equilibrium, write three to four sentences about how john could solve his problem.

Which of the following best explains the purpose of protectionist trade policies such as tariffs and subsidies? a. they make sure that governments have enough money to pay for fiscal policies. b. they give foreign competitors access to new markets around the world. c. they allow producers to sell their products more cheaply than foreign competitors. d. they enable producers to purchase productive resources from everywhere in the world.