The "zero sum" society is
A) a society that has reached its limit in population growth and has placed quotas on its birth rate.
B) a society where the rate of growth of GDP minus the inflation rate equals zero.
C) a society in which the fluctuations of GDP around the natural level of output sum to zero.
D) a society with no productivity growth in which any additional good enjoyed by one person requires that something be taken away from someone else.
D
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If you want a say in the management of a corporation, you should buy
A) common stock. B) preferred stock. C) bonds. D) either bonds or preferred stock.
The adjustments made recently by the BLS to mitigate the overstatement of the cost-of-living by the CPI
A. completely eliminated the problem. B. reduced the estimated overstatement from 1.1% to .8%. C. had no impact on the problem. D. over compensated for the problem.