Compared to other industrial nations, inflation rates in the United States are:
A. significantly higher.
B. significantly lower.
C. significantly higher than those in Europe and significantly lower than those in Japan.
D. neither significantly higher nor significantly lower.
D. neither significantly higher nor significantly lower.
Economics
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Empirical studies find that exchange rates are much more variable than inflation differentials. How can we explain this empirical result?
What will be an ideal response?
Economics
Which of the following is NOT a transfer payment?
A) Medicare B) Social Security retirement payments C) Social Security disability payments D) spending on national defense
Economics