The genuine progress indicator provides a measure of social progress that:

A. focuses entirely on economic activity.
B. ignores economic activity.
C. is explicitly not based on value judgments.
D. is explicitly based on value judgments.


Answer: D

Economics

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Comparing the United States to other economies, the United States is one of the ____ economies in the world.

A. most government-supervised B. most privatized C. most government-owned D. least privatized

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A binding price ceiling is designed to:

a. increase efficiency. b. raise the price above the equilibrium price. c. keep the price below the equilibrium price. d. generate a surplus

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The president of the New York Federal Reserve bank is the only Federal Reserve Regional Bank President who gets to vote at every meeting of the Federal Open Market Committee

Indicate whether the statement is true or false.

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An increase in the price of one good can cause the demand for another good to increase if the goods are complements.

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

Economics