Wealth is far more evenly distributed than income
Indicate whether the statement is true or false
F
Economics
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Refer to the information above. Given this information, we know that effective labor (NA) grows at which rate?
A) 0 B) 1% C) 4% D) 5% E) 15%
Economics
Jason has been holding his retirement savings in a safe in his house. Currently the economy is experiencing a falling price level. He can conclude that: a. the real purchasing power of his money is remaining constant
b. the real value of his savings is increasing as long as the price level is falling. c. the real value of his savings is decreasing as long as the price level is falling. d. none of the above are true.
Economics