If country A produces S at a lower relative price than country B, A is said to have a comparative advantage in S
Indicate whether the statement is true or false
TRUE
Economics
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Inflation targeting has been adopted by the central banks of several countries including the European Central Bank
Indicate whether the statement is true or false
Economics
Suppose total factor productivity increases. Which of the following is incorrect?
A) Households are better off. B) Consumption goes up. C) The real wage goes down. D) Output goes up.
Economics