Real GDP refers to GDP adjusted:
A) for changes in ruling political party. B) for changes in tax rates.
C) for changes in net imports. D) for changes in prices.
D
Economics
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Why might the money price for something be higher than the opportunity cost? Why might it be lower? Give an example of each to illustrate your answer
Economics
For economic purposes in the United States, the working-age population does not include:
A. anyone in the military. B. someone who is 16 and does not want to work. C. someone who is 65. D. anyone without a driver’s license.
Economics