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