What is one result of the substitution effect? A. When the demand curve is downward sloping, consumers can substitute one kind of consumption for another.

B. When the price of a good decreases, consumers will switch some of their purchases to that good.

C. When the quantity demanded increases beyond price, consumers substitute other kinds of goods.

D. When a person's income increases, he or she will substitute luxury goods for nonluxury goods.

In canada, the reference base period for the cpi is 2002. by 2012, prices had risen by 21.6 percent since the base period. the inflation rate in canada in 2013 was 1.1 percent. calculate the cpi in canada in 2013. hint: use the information that “prices had risen by 21.6 percent since the base period” to find the cpi in 2012. use the inflation rate formula (inflation is the growth rate of the cpi) to find cpi in 2013, knowing the cpi in 2012 and the inflation rate. the cpi in canada in 2013 is round up your answer to the first decimal. 122.9 130.7 119.6 110.5

Determine the hrm’s role in the performance management process and explain how to ensure the process aligns with the organization’s strategic plan.

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak