One general characteristic of collective action problems is that
A) no individual has any incentive to act in the best interest of the grou
A
Economics
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The rate at which a price index decreases is referred to as the:
A) cross inflation rate. B) deflation rate. C) reverse inflation rate. D) depreciation rate.
Economics
X is exports, M is imports, T is net taxes, G is government expenditure, C is consumption expenditure, S is saving, and I is investment. The government sector balance is equal to
A) T - G. B) C + S + T. C) S - I. D) X - M.
Economics