The inflation rate measures the average prices of goods and services in the economy

Indicate whether the statement is true or false

FALSE

Economics

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International trade is most likely to occur whenever

a. one of the trading nations is self-sufficient b. all of the trading nations are self-sufficient c. one of the trading nations gains from trade d. each of the trading nations gains from trade e. labor is cheaper abroad

Economics

The consolidation in the financial industry into fewer and larger firms:

A. Progressed further in the Financial Crisis of 2007-2008 B. Halted in the Financial Crisis of 2007-2008 C. Slowed down in the Financial Crisis of 2007-2008 D. Was reversed in the Financial Crisis of 2007-2008

Economics