The omission of household production causes actual economic production to be underestimated
Indicate whether the statement is true or false
TRUE
Economics
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Capital flows deal with:
A) buying and selling of newly produced final goods and services among countries. B) buying and selling of existing real and financial assets among countries. C) buying and selling of only domestic final goods and services. D) none of the above.
Economics
Ceteris paribus means
A) "all variables are independent." B) "other things being equal." C) "some assumptions must be accepted without proof." D) "some theories are not rational."
Economics