If inflation is fully anticipated and if there are no restrictions on contracts, then inflation will not redistribute purchasing power
a. True
b. False
A
Economics
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In 2014, GDP per capita was ________ in the United States than in China, and since 1980, the growth rate of real GDP per capita has been ________ in the United States than in China
A) lower; lower B) higher; lower C) lower; higher D) higher; higher
Economics
If country A produces S at a lower relative price than country B, A is said to have a comparative advantage in S
Indicate whether the statement is true or false
Economics
The sum of past federal budget deficits is the:
a. Congressional debt. b. GDP debt. c. national debt. d. trade debt plus GDP.
Economics
Uncertainties that are not quantifiable:
A. are factored into the price of an asset. B. cannot be priced C. are what we define as risk. D. are benchmarks against which quantifiable risks can be assessed
Economics