A central bank has ________ chance to identify a credit-driven bubble compared to an irrational exuberance bubble
A) a greater
B) less of a
C) about the same level of a
D) a greater, less or about the same level of a
A
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Comparing the cost of the same basket of goods in different locations:
A. can create a price index to evaluate purchasing power across different locations. B. is based on the theory of purchasing power parity. C. can be used for international price comparisons. D. All of these statements are true.
Inflation can cause changes in retail prices.
Select whether the statement is true or false. A. True B. False
The largest single source of revenue for the federal government is the
A. corporate income tax. B. federal excise tax. C. personal income tax. D. Social Security tax.
Suppose a country experiences an increase in output per worker. Such a development represents which of the following?
A) an increase in labor productivity B) an increase in population growth C) a reduction in the saving rate D) a decrease in economic growth