Question

Part 10 In the 1970s and 1980s, Walmart entered several markets outside of its home base...

Part 10

In the 1970s and 1980s, Walmart entered several markets outside of its home base of Arkansas. As a result, it brought lower prices on a variety of goods. The Bureau of Labor Statistics did not send its shoppers into these new stores until there was a new survey, leading to the CPI

overstating inflation because they were missing "when people shop."

understating inflation because they were missing "where people shop."

understating inflation because they were missing "when people shop."

overstating inflation because they were missing "where people shop."

Part 4

If a woman is pregnant and her boss must decide to give a promotion that entails a move to another city in a time frame that coincides with the expected birth of her child then the boss

can chose to by-pass her and give the pregnancy as a legally-acceptable reason.

can chose to by-pass her and give the pregnancy as a legally-acceptable reason, as long as the next promotion goes to her.

must ignore the pregnancy in making the decision of whom to promote.

must give her the promotion, regardless of other candidates.

part 5

A political problem with discretionary fiscal policy is the

ability of powerful politicians to direct government spending to their favored causes.

split control of the legislative and judicial branches of government.

Federal Reserve.

business cycle.

Part 15

In terms of weekly earnings for full-time workers,

black workers earn about 77% of what white workers earn.

black workers earn about 42% of what white workers earn.

black workers earn about 58% of what white workers earn.

black workers earn about the same as whites.

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Answer #1

As per policy only first question will be answered

Part10

Walmar prices are lower than average. Since those prices are excluded from the survey, the result of the CPI will be on a higher side. Also, it is a matter of where (place) and not when(time). Hence, option 4 is the answer - CPI was overstated since it was missing where people shop

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