Refer to the table above. France has absolute advantage in
A) grapes.
B) textiles.
C) both grapes and textiles.
D) neither grapes nor textiles.
D
Economics
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To measure GDP by using the income approach, we must add all incomes and then ________ depreciation and ________ net taxes less subsidies
A) add; neither add nor subtract B) add; add C) add; subtract D) subtract; add E) neither add nor subtract; add
Economics
The Fed's preferred measure of inflation is
A) the GDP deflator B) the consumer price index C) the core personal consumption expenditures index D) the index of leading economic indicators E) the producer price index
Economics