The table sets out the CPI for the United States and for four regions of the United States in May 2008 and May 2009. In May 2009, the price level was highest in the OA. South OB. Midwest OC. West OD. Northeast O Show Transcribed Text Region Midwest Northeast West South United States 2008 207 230 OA. Midwest and West; Northeast OB. Midwest and the South; Northeast OC. West and the South; Midwest OD. Northeast and the West, South OE. South and Northeast; Midwest 221 210 217 Between May 2008 and May 2009, the price level in the The fall in consumer prices was the smallest in the 2009 203 228 218 207 214 fell by more than the U.S. average.
The table sets out the CPI for the United States and for four regions of the United States in May 2008 and May 2009. In May 2009, the price level was highest in the OA. South OB. Midwest OC. West OD. Northeast O Show Transcribed Text Region Midwest Northeast West South United States 2008 207 230 OA. Midwest and West; Northeast OB. Midwest and the South; Northeast OC. West and the South; Midwest OD. Northeast and the West, South OE. South and Northeast; Midwest 221 210 217 Between May 2008 and May 2009, the price level in the The fall in consumer prices was the smallest in the 2009 203 228 218 207 214 fell by more than the U.S. average.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Transcribed Image Text:The table sets out the CPI for the United States and for four regions of the United States in May 2008
and May 2009.
In May 2009, the price level was highest in the
OA. South
OB. Midwest
OC. West
OD. Northeast
Show Transcribed Text
✓
Region
Midwest
Northeast
West
South
United States
Between May 2008 and May 2009, the price level in the
The fall in consumer prices was the smallest in the
OA. Midwest and West; Northeast
OB. Midwest and the South; Northeast
OC. West and the South; Midwest
2008
207
230
221
210
217
OD. Northeast and the West; South
OE. South and Northeast; Midwest
2009
203
228
218
207
214
fell by more than the U.S. average.
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