If the price of spanish olives imported into the united states decreases, then a. both the gdp deflator and the consumer price index will decrease b. ncther the gdp deflator nor the consumer price index will decrease c. the gdp deflator will decrease, but the consumer price index will not decrease d. the consumer price index will decrease, but the gdp deflator will not decrease.

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.

How are credit unions similar to banks