If absolute PPP holds, then the real exchange rate must equal 1

"Ricardian equivalence" is the proposition that it does not matter whether government expenditure is financed by taxes or by issuing debt

Indicate whether the statement is true or false

The impact of technological change in the health care area has been to

A) reduce the quality of health care while raising the costs. B) reduce the cost of health care. C) increase the quality of health care while decreasing the costs. D) increase both the quality of health care and the costs of health care.