The GDP deflator is calculated as (Real GDP / Nominal GDP) × 100
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Which of the following would not be an example of a productivity shock?
A) The introduction of new management techniques B) A change in government regulations affecting production C) A change in the level of government transfer programs D) A spell of unusually good or unusually bad weather
Economics
The most inclusive of all price indexes is
a. the GDP deflator b. the price level c. the CPI d. nominal index e. real index
Economics