In official government statistics, the GDP deflator is actually calculated using:
A. a method called a chain-weighted index.
B. the ratio of nominal GDP to real GDP from the year before it.
C. a simpler approach, so the results are easily comparable.
D. the value of a market basket that households typically purchase.
A. a method called a chain-weighted index.
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During the middle of the 2000s, the price of gasoline soared and there was a movement to switch to fuels made from a mixture of gasoline and ethanol. Ethanol can be made from corn
The price of corn skyrocketed and then, after a couple of years, the price decreased. What might have led to these price changes in the corn market?
Which of the following are risks for multinational corporations but not risks for domestic corporations?
A) changes in government rules and regulations B) capital controls C) changes in tax laws D) government red tape and corruption