There is evidence that the exchange-rate pass-through effect to import prices has been declining in developed economies, especially for the United States

If policymakers in an open economy want to increase the wealth of their citizens, should they seek to increase saving, or to increase investment? Explain

What will be an ideal response?

Which statement is false?

A. There are now nine federal personal income tax brackets. B. Most people pay more in Social Security tax than in personal income tax. C. We pay more in direct than indirect taxes to the federal government. D. None of these statements are false.