An example of a nominal variable is ________
A) income measured at current market prices
B) expenditures in terms of the quantities of actual goods
C) the chain weighted measure of GDP
D) all of the above
E) none of the above
A
Economics
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Which of the following events would lead to an increase in the supply of labor?
a. The price of a firm's product increases. b. A country experiences an increase in immigrant labor. c. The development of a new labor-augmenting technology. d. All of the above are correct.
Economics
A potential cause of competitive market failure is symmetric information.
Answer the following statement true (T) or false (F)
Economics