Imports are not included in GDP because they do not reflect output produced within the domestic economy
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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If inflation is anticipated, some effects of inflation on the redistribution of income can be avoided
Indicate whether the statement is true or false
Economics
The problem of adverse selection is usually more acute in case of automobile insurance compared to health insurance
Indicate whether the statement is true or false
Economics