Question
Macroeconomics 1.What is the substitution bias in the consumer price index? Does this bias overstate or understate the inflation and the cost of living? 2.Can
Macroeconomics
1.What is the substitution bias in the consumer price index? Does this bias overstate or understate the inflation and the cost of living?
2.Can the unemployment rate be zero? Explain with reasons.
3.Does an increase in real GDP ensure a rise in real GDP per capita? Explain.
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Economics for Environmental Studies A Strategic Guide to Micro and Macroeconomics
Authors: Alfred Endres, Volker Radke
1st edition
364231192X, 3642311925, 9783662548264, 3662548267, 978-3642311925
