Some countries have economies that are extremely market-oriented, while other countries have ___________ economies.

________ is most likely to contribute to an improvement in our living standard

A) An increase in real GDP B) A decrease in nominal GDP C) An increase in the price level D) An increase in depreciation E) An increase in the GDP deflator combined with a decrease in nominal GDP

Opportunity cost is usually measured in terms of money

Indicate whether the statement is true or false