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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