The U.S. Postal Service engages in price discrimination

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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The GDP deflator:

A. may include goods produced abroad. B. measures price changes for everything produced in the country. C. is computed using the quantities that are consumed in the economy each year. D. is the same as PPI.

Economics

Costs that require a firm to spend money are considered:

A. explicit costs. B. fixed costs. C. implicit costs. D. variable costs.

Economics