U.S. macroeconomic data show that a stable Phillips curve existed during the 1960s
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Which of the following increases as a result of an increase in real GDP?
i. autonomous expenditure ii. induced expenditure iii. potential GDP A) i only B) ii only C) iii only D) ii and iii E) i, ii, and iii
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What are the main characteristics of high-income and low-income households?
What will be an ideal response?
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