If the GDP deflator in 2009 was 150 and the GDP deflator in 2010 was 175, then the inflation rate in 2010 was 25%

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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A policy that increases saving

a. will worsen economic growth, but improve health outcomes. b. will worsen economic growth and health outcomes. c. will improve economic growth, but worsen health outcomes. d. will improve economic growth and health outcomes.

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Any firm?s ________ equals P × q.

A. marginal revenue B. marginal cost C. total cost D. total revenue

Economics