If Andrea sells Dan a Wii gaming system for $150,
a. the well-being of both parties will be unchanged.
b. Andrea will gain from the transaction, but Dan will lose.
c. Dan will gain from the transaction, but Andrea will lose.
d. both Dan and Andrea will gain from this transaction.
d. both Dan and Andrea will gain from this transaction.
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Inflation targeting is a framework for carrying out monetary policy whereby
A) the central bank commits to a monetary growth rule. B) the central bank commits to achieving a publicly announced level of inflation. C) the central bank commits to achieving a target level of inflation which is never announced publicly. D) the central bank adopts a rigid target for inflation and ignores declines in output.
A person with no competitive ideas can earn above market average returns at low risk by investing in a diversified portfolio of stocks
Indicate whether the statement is true or false