Transfer income in national income
Is transfer income involved in national income? Explain Why? Answer: No, since transfer income does not effect in the production of services and goods.
Is transfer income involved in national income? Explain Why?
Answer: No, since transfer income does not effect in the production of services and goods.
Question: Why might it be difficult for the Fed to formally adopt inflation targeting? Would inflation targeting be a good policy for the Fed in the present economic environment? Answer:
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