The GDP deflator
A. Is the price index based on a fixed basket of goods and services for the government.
B. Is the broadest price index, covering all output.
C. Is the best measure of inflation for consumers.
D. Reflects the price changes felt by producers but not consumers.
Answer: B
Economics
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Discuss the effects of the reunification of eastern and western Germany in 1990 on both Germany and its neighboring European countries
What will be an ideal response?
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Assume policy makers in a fixed exchange rate regime decide to peg the exchange rate at a lower level. This is called
A) a devaluation. B) a revaluation. C) a depreciation. D) an appreciation.
Economics