Currently, the U.S. national income and product accounts (NIPA) use what type of price index to calculate real GDP?

A) Fixed-weight
B) Variable-weight
C) Chain-weight
D) Heavy-weight

C

Economics

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For the most part, differences in wealth do reflect current labor market discrimination

Indicate whether the statement is true or false

Economics

Firms in a monopolistically competitive market will produce where the difference between TR and TC are maximized

a. True b. False

Economics