High unemployment and high rates of inflation are examples of coordination successes.
Answer the following statement true (T) or false (F)
False
Economics
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Variables measured at current market prices are nominal, rather than real. In what sense are nominal variables unreal?
What will be an ideal response?
Economics
The balance on the current account ____
a. d and e b. c and d c. will show a trade deficit or surplus, if one exists d. must always be zero e. multiplied by ?1 becomes the capital account
Economics
If individuals were paid for their household production, GDP would: a. increase
b. not change, but GNP would increase. c. decrease. d. not change, but GNP would decrease.
Economics
An oligopoly is a market dominated by a few sellers
a. True b. False Indicate whether the statement is true or false
Economics