In the base year, the GDP deflator is always

a. -1.
b. 0.
c. 1.
d. 100.

d

Economics

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What will be an ideal response?

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Every transaction concerning the exportation of goods from the United States constitutes a

A) supply of foreign currency with no effect on the market for the dollar. B) demand for dollars with no effect on markets for foreign currencies. C) supply of foreign currencies and a demand for dollars. D) demand for foreign currencies and a supply of dollars.

Economics