Two methods of measuring GDP are

A) the income approach and the expenditure approach.
B) the income approach and the receipts approach.
C) the goods approach and the services approach.
D) the saving approach and the investment approach.

A

Economics

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Three friends stay in an apartment. Their landlord offers to air-condition the apartment if they pay for the installation charges. Although they all want an air-conditioner, none of them say so. This is an example of the ________

A) free-rider problem B) paradox of thrift C) tragedy of commons D) paradox of plenty

Economics

Explain why a exchange rate-based stabilization plan may result in a real appreciation?

What will be an ideal response?

Economics