When an American doctor opens a practice in Bermuda, his production there is part of U.S. GNP
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Which of the following is TRUE of the Federal Reserve System? I. It was established in the early 1980s. II. It serves as the central bank of the United States
A) I only B) II only C) Both I and II D) Neither I nor II
Economics
What is meant by the term "opportunity cost"?
What will be an ideal response?
Economics