This topic contains a solution. Click here to go to the answer

Author Question: Inflation is defined as the sustained increase in relative prices. a. True b. False Indicate ... (Read 224 times)

dbose

  • Hero Member
  • *****
  • Posts: 597
Inflation is defined as the sustained increase in relative prices.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The branch of economics that studies the aggregate decisions of all households and all firms is called:
 a. positive economics.
 b. normative economics.
  c. microeconomics.
 d. macroeconomics.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

hollysheppard095

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

False

Answer to Question 2

d




dbose

  • Member
  • Posts: 597
Reply 2 on: Jun 30, 2018
:D TYSM


deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

For a complete list of videos, visit our video library