If the GDP chain price index in a given year is greater than 100, real GDP in that year would be greater than nominal GDP
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Which of the following statements is true?
A. "Behavioralists" believe that all monopolists are "bad" monopolists B. "Structuralists" strongly abide by the "rule of reason" in applying antitrust laws C. "Behavioralists" believe that some monopolists are "good" monopolists D. "Structuralists" believe that some monopolists are "good" monopolists
Economics
According to Keynesian theory, which of the following is not true e of all short-term macro equilibria?
A. The aggregate demand curve intersects the aggregate supply curve. B. All macroeconomic goals are achieved. C. The economy may or may not be at full employment. D. Producers are selling everything they currently produce.
Economics