Gasoline prices typically increase in March and October because of required maintenance at refineries. For this reason, it is best to

A. focus on April/November decreases.
B. seasonally adjust the data.
C. politically adjust the data.
D. focus on March/October increases.

Answer: A

Economics

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Which of the following contributes to the efficiency of markets?

A) Markets promote competition and voluntary exchange. B) Markets are able to bring about an equitable distribution of goods and services. C) Governments play an active role in the day-to-day operations of markets. D) Markets promote equal standards of living.

Economics

Explain why economies with financial account surpluses usually have current account deficits

What will be an ideal response?

Economics