If real GDP grows faster than nominal GDP, it is a sign that
A) inflation is negative.
B) there is no inflation.
C) there is inflation, but little.
D) there is galloping inflation.
A
Economics
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A currency board is set up to:
a. manage free-floating currencies. b. gradually eliminate currency pegs. c. give a peg added durability. d. immediately eliminate currency pegs.
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Who, among the following, is least likely to practice cost-plus-markup pricing?
A) Dolly J. Dalrymple, a Wisconsin dairy farmer B) The Wisconsin Cheeses-R-Us factory C) The Cheese-of-the-Month Club D) Trick question: all are equally likely to use cost-plus-markup pricing.
Economics