QUESTION 19 The Compagnie Naturelle sells mounted butterflies, using butterfly bait it buys from another firm...
QUESTION 19 The Compagnie Naturelle sells mounted butterflies, using butterfly bait it buys from another firm for $20,000. It pays its workers $35,000, pays $1,000 in taxes, and has profits of $3,000. What is its value added? O $39,000 $19,000 $59,000 $3,000 QUESTION 20 If the price index last year was 1.0 and today it is 1.4, what is the inflation rate over this period? O 4% -4% O 1.4% 40% QUESTION 21 Consumer spending is spending by households on final goods and services produced domestic; domestically and abroad domestic and foreign; domestically O domestic; domestically domestic and foreign; domestically and abroad QUESTION 22 In the United States, monetary policy is determined by O private citizens. the Treasury Department. the Federal Reserve. the president.