The GDP deflator:
A) measures the price changes of a fixed basket of goods and services.
B) measures the price changes of all final goods and services produced.
C) measures the price changes of just goods consumed by the household sector.
D) none of the above.
B
Economics
You might also like to view...
The owner(s) of a corporation
A) is the entrepreneur. B) are the shareholders. C) are the bondholders. D) is the CEO.
Economics
The quantity of one good that is given up to produce another is defined to be its
a. market value b. opportunity cost c. relative cost d. absolute cost e. nominal cost
Economics