One of the most widely reported measures of inflation is the:
a. consumer price index.
b. producer price index.
c. GDP deflator
d. Gini coefficient.
e. real interest rate.
a
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A country has a current account deficit of -$100 billion. This implies that ________
A) payments to foreigners exceed payments received from foreigners B) its exports exceed its imports by $100 billion C) net factor payments from abroad is positive D) net transfers from abroad is positive
How much mobility has there been through the income quintiles since 2007?
What will be an ideal response?
Exhibit 15-1 Production possibilities curves
In Exhibit 15-1, the production possibilities curves of wheat and corn for Nabia and Pada are presented. If these two nations trade, Nabia should specialize in the production of:
A. corn. B. corn and wheat. C. wheat. D. neither product since Pada has the absolute advantage in the production of both.
An example of a discretionary fiscal policy is when...
What will be an ideal response?