A one-percent increase in the rate of inflation in an economy can increase the value of the GDP deflator of the economy by 10
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Refer to the table above. If the price of a chair decreases to $5 and the rental price of machines is $50 per day, up to how many machines should the firm rent?
A) 2 B) 3 C) 5 D) 7
Economics
Which of the theory is better to think about policy?
A) game theory B) optimal control theory C) expectations theory D) none of the above
Economics