Comparing a market basket A to other market baskets, we can say that for a typical consumer, A is preferred to baskets to the
a. southwest but less preferred to baskets to the northeast.
b. northeast but less preferred to baskets to the southwest.
c. northwest but less preferred to baskets to the southeast.
d. southeast but less preferred to baskets to the northwest .
a. southwest but less preferred to baskets to the northeast.
Economics
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Economic growth is
a. growth in inflation over time b. growth in real GDP over time c. growth in unemployment over time d. growth in net exports over time
Economics
Macroeconomic topics do not usually include: a. the rate of inflation
b. the rate of unemployment. c. economic growth. d. the profit maximizing decisions of an individual firm.
Economics