An inflation rate of 5% between 2015 and 2016 would be implied by a change in the GDP deflator from ________ in 2015 to ________ in 2016

The process of making the best of our limited resources by doing the things we are best at and hiring other people to do the things we are not particularly good at is called

A) absolute advantage. B) comparative advantage. C) specialization. D) protectionism.

Selection bias is unique to the field of economic research.

Answer the following statement true (T) or false (F)