The inflation rate can be calculated as the percentage change in:
A. real GDP.
B. the CPI.
C. the exchange rate.
D. nominal GDP.
Answer: B
Economics
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"When a person has an absolute advantage in producing a good, the person necessarily has a lower opportunity cost of producing it." Is this assertion true or false?
What will be an ideal response?
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A condition for the use of eminent domain is that the property being taken
A) must remain the property of the government entity which authorized the use of eminent domain. B) must be intended for public use. C) must be undeveloped property. D) must be considered blighted property.
Economics