Most countries tend to follow only one price index to measure the price level in an economy because all prices rise or fall at the same time or by the same amount

The level of fiscal federalism in the European Union is

A) too big to cushion member countries from adverse economic events. B) too small to cushion member countries from adverse economic events. C) appropriate to cushion member countries from adverse economic events. D) too big relative to the one in the U.S. E) similar in its level to that of the U.S.

Explain how deficit spending can benefit future generations

What will be an ideal response?