The rate of inflation over time records the absolute change in the average cost of purchasing a basket of goods and services

a. True
b. False
Indicate whether the statement is true or false

False

Economics

You might also like to view...

Marginal utility can be:

A) positive, but not negative B) positive or negative, but not zero. C) positive, negative, or zero. D) decreasing, but not negative.

Economics

How do Pigouvian taxes help in reducing pollution?

What will be an ideal response?

Economics