Over the past few decades, the price of movie tickets:
A. has risen both in nominal terms and in real terms.
B. has risen in nominal terms but has not risen in real terms.
C. has fallen in nominal terms and in real terms.
D. has risen in real terms but has not risen in nominal terms.
Answer: B. has risen in nominal terms but has not risen in real terms.
Economics
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The total value of government bonds outstanding at any particular time is called the
A) government debt. B) government deficit. C) seignorage revenue. D) yield curve.
Economics
When government tax revenues change automatically and in a countercyclical direction over the course of the business cycle, this is an example of:
A. the cyclically adjusted budget. B. impounding. C. money creation. D. built-in stability.
Economics