Which statement is TRUE?
A) In the past century,the population of Canada has grown faster than output.
B) Long-run growth models and business cycle models are the same.
C) Since World War II,the economy of Argentina has grown faster than the economy of Canada.
D) The level of saving is important for long-run growth.
Correct Answer:
Verified
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Q90: During inflation the _ price level _.
A)
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A) is a movement of the economy
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A) sustained upward trend
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A) sustained upward trend
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A) raises the cost of making purchases.
B)
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