The purchasing power of money decreases as the price level increases

Indicate whether the statement is true or false

TRUE

Economics

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In recent years, which of the following has comprised less than 5% of GDP?

A) imports B) exports C) net exports D) none of the above

Economics

Assuming that progressive taxation is desirable, a consumption tax calculated by subtracting saving from income would be preferable to a general sales-based consumption tax

a. True b. False

Economics