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