Real GDP does not take into account leisure and vacation time, thus under-representing the welfare of USA households compared to Western European households.

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)

One country has a comparative advantage over another country in the production of a good if ithas a curved production possibilities curve and the other country has a linear production possibilities curve. has lower fixed costs than the other country. has a linear production possibilities curve and the other country has a curved production possibilities curve. is a lower opportunity cost producer of the good.

Is will able to claim r. j. as a qualifying child for the earned income credit (eic)?