Refer to the scenario above. Tom will receive ________ if he raises his right hand and Sam raises his left hand

Why do both the chain-weighted index for GDP and the CPI overstate actual price increases?

What will be an ideal response?

A social system could eliminate profits and losses if it could

A) eliminate greed and selfishness. B) eliminate uncertainty. C) fix all prices to reflect opportunity costs. D) fix all prices to reflect the value of the labor embodied in goods. E) tax all receipts above cost and redistribute them to firms unable to cover all their costs.