Efforts to balance the federal government's budget by raising taxes provided a buffer to the economic downturn of the Great Depression

The chain-weighted output index method ________

A) is used to calculate the value of nominal GDP B) values the quantities produced in a year at the prices of the base year C) shows that real GDP increases every year D) uses the prices of two adjacent years to calculate the real GDP growth rate

Economic growth is

A) an increase in the per person real production in a nation. B) an increase in stock market values. C) an increase in real estate values. D) an increase in the number of people employed in agriculture.