If the absolute price elasticity of demand is equal to 1 in the short run, then in the long run, other things being equal, the absolute price elasticity of demand will be

"Ricardian equivalence" is the proposition that it does not matter whether government expenditure is financed by taxes or by issuing debt

Indicate whether the statement is true or false

Hedonic pricing is used to

A) convert nominal values to real values. B) calculate the difference between nominal GDP and real GDP. C) measure the rate of change in real GDP. D) obtain chain-weight indexes. E) none of the above