Archie has a savings account at a bank. If he earns 6 percent interest on his account and if there is deflation, then his purchasing power rises by more than 6 percent over the course of a year

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

True

Economics

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If Korea imposes an import quota on U.S. oranges, losers include Korean _______ of oranges and U.S. ______ of oranges

A. consumers; consumers B. consumers; producers C. producers; consumers D. producers; producers

Economics

Over the post-war era, the gaps between countries' living standards

A) disappeared. B) stayed the same. C) increased. D) decreased. E) changed inconsistently.

Economics