Real income is the purchasing power of nominal (money) income

a. True
b. False
Indicate whether the statement is true or false

True

Economics

You might also like to view...

________ taxes represent about a third of the federal government's receipts

A) Excise B) Corporate income C) Payroll D) Personal income

Economics

Private investment from a foreign country is known as

a. development assistance. b. foreign direct investment. c. technical progress. d. the cost disease of personal services.

Economics