Higher inflation

a. causes firms to change prices less frequently and makes relative prices less variable.
b. causes firms to change prices less frequently and makes relative prices more variable.
c. causes firms to change prices more frequently and makes relative prices less variable.
d. causes firms to change prices more frequently and makes relative prices more variable.


d

Economics

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Government purchases include expenditures for publicly owned capital such as schools and highways that have long lifetimes.

Answer the following statement true (T) or false (F)

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Under a system of marketable pollution permits, the government:

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Economics