The aggregate price level is:
A. a measure of the average price level for GDP.
B. measured by the GDP price deflator.
C. measured by the CPI.
D. All of these statements are true.
Answer: D
Economics
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Which of the following policies would not help promote economic growth?
A) a law restricting elected officials from accepting expensive gifts and trips from private individuals B) a law that subsidizes research in nanotechnology C) a law that funds prenatal care for all expectant mothers D) a law requiring that the funds in an individual retirement account be taxed
Economics
Refer to Figure 15.2. The economy is at full employment and the unemployment rate is at the natural rate at point
A) a. B) b. C) c D) d.
Economics