Higher per capita GNP always means higher quality of life
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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What is the relationship between net exports, the government sector surplus or deficit, and the private sector surplus or deficit?
What will be an ideal response?
Economics
Refer to Table 8-19. Given the information above, calculate the GDP deflator in 2016
A) 114 B) 105 C) 95 D) 87
Economics
Why were traditional Federal Reserve policies ineffective during the 2007-2009 recession?
What will be an ideal response?
Economics
If there is a large and sudden but temporary increase in the price of oil, which way does the short-run Phillips curve shift? If the central bank does not respond what happens to inflation and the unemployment rate in the long run?
Economics