The GDP deflator represents a somewhat ____ measure of prices that the CPI and the GDP deflator tends to be ____ volatile than the CPI
a. broader; more
b. broader; less
c. narrower; more
d. narrower; less
b
Economics
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An unexpected event that causes the aggregate demand curve to shift inward or outward is an
A) aggregate demand shock. B) aggregate supply shock. C) aggregate supply increase. D) aggregate supply decrease.
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The primary goal of any business firm is to maximize social welfare
a. True b. False Indicate whether the statement is true or false
Economics