If the GDP deflator is equal to 100, then for that year nominal GDP is equal to real GDP
Indicate whether the statement is true or false
TRUE
Economics
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In the simple Keynesian model, total savings equals
a. total investment minus the budget deficit. b. total planned and unplanned investment. c. planned investment. d. planned investment plus the budget deficit. e. none of the above.
Economics
Countertrade is an efficient way of doing business.
a. true b. false
Economics