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Author Question: If income is unequally distributed in an economy, increases in GDP may not raise well-being in an ... (Read 90 times)

codyclark

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If income is unequally distributed in an economy, increases in GDP may not raise well-being in an economy.
 
  Indicate whether the statement is true or false

Question 2

A falling price level is called ________ and a fall in the rate of inflation is called ________.
 
  A) deflation; disinflation B) disinflation; deflation
  C) disinflation; a contraction D) a contraction; disinflation



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mmj22343

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Answer to Question 1

TRUE

Answer to Question 2

A





 

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