Purchasing power parity means equal rates of return

Indicate whether the statement is true or false

FALSE

Economics

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Which of the following statements is true of the scientific method?

A) The scientific method may not reveal a "true" model of the world. B) The scientific method does not require the models to be tested with data. C) The scientific method used by economists and scientists is independent of empiricism. D) The scientific method can help develop accurate models even when data are unavailable.

Economics

If inflation is anticipated, some effects of inflation on the redistribution of income can be avoided

Indicate whether the statement is true or false

Economics