A disadvantage of chain-weighting is that
A) past inflation rates change whenever the base year changes.
B) past growth rates of real GDP change whenever the base year changes.
C) it causes output growth to slow.
D) the components of real GDP don't sum to real GDP.
D
You might also like to view...
The above table shows the marginal benefits and costs from production of fertilizer. There are no external benefits. If the market is perfectly competitive and unregulated, at the equilibrium output, the
A) marginal private cost exceeds the marginal private benefit. B) marginal private cost is less than the marginal private benefit. C) marginal social cost equals the marginal private benefit. D) marginal social cost is greater than the marginal private benefit.
Traveler's checks are included in M1 but not in M2
Indicate whether the statement is true or false