The fact that prices for similar goods differ across nations complicates comparisons of real GDP across countries

Indicate whether the statement is true or false


TRUE

Economics

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Stabilization policy may be necessary to modify or counteract volatile changes in aggregate demand

a. True b. False Indicate whether the statement is true or false

Economics

Between 1968 and 2008 the percentage share of income that went to the top quintile

A. fell substantially. B. fell somewhat. C. stayed about the same. D. rose substantially.

Economics

As inflation increases, purchasing power ______.

a. increases b. decreases c. remains constant d. falls to zero

Economics

Loopholes reduce the efficiency of the tax system.

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

Economics